{"id":489784,"date":"2025-07-16T17:15:36","date_gmt":"2025-07-16T16:15:36","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=489784"},"modified":"2025-07-17T15:59:23","modified_gmt":"2025-07-17T14:59:23","slug":"ethereum-open-interest-tops-24-5-b-as-traders-chase-rally","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/","title":{"rendered":"Ethereum open interest tops $24.5B as traders chase rally"},"content":{"rendered":"

Ethereum's derivatives market is showing clear signs of speculative overheating, with leverage ratios, open interest, and funding rates all rising. The last 30 days have seen ETH<\/a> rally more than 24%, triggering a sharp expansion in derivatives exposure that now surpasses $24.5 billion in open interest, its all-time high.<\/p>\n

\"ethereum
Graph showing Ethereum's price from June 16 to July 16, 2025 (Source: CryptoSlate ETH<\/a>)<\/figcaption><\/figure>\n

This has pushed the estimated leverage ratio (ELR) close to historical peaks, while funding rates for perpetual futures have surged to levels not seen since early 2022.<\/p>\n

The current structure of the derivatives market shows traders aggressively positioning for further upside. However, it also introduces a fragility that could quickly reverse if spot prices stall or correct. As traders increasingly rely on margin to sustain positions, the risk of large-scale liquidations escalates.<\/p>\n

The aggregate open interest for Ethereum derivatives across all exchanges reached $24.5 billion, marking a 37% increase in 30 days. Around $2.9 billion of that increase came in the last week alone. The spike in OI comes as ETH rallied from below $2,600 to over $3,160, showing that the market has seen a real influx of speculative capital.<\/p>\n

\"Ethereum
Graph showing the aggregate open interest for Ethereum derivatives across exchanges from Apr. 10 to July 16, 2025 (Source: CryptoQuant)<\/figcaption><\/figure>\n

CryptoQuant data shows that Ethereum's open interest now equals roughly 7.7 million ETH, which is about 6.4% of the circulating supply. This percentage helps us contextualize the degree of market exposure to leverage relative to available tokens. Historically, spikes in notional OI above 6% have preceded sharp corrections, indicating an overreliance on derivatives to fuel spot moves.<\/p>\n

The 90-day correlation between Ethereum's price and open interest stands at 0.96. This level of correlation typically points to a feedback loop between spot price appreciation and leverage deployment. As ETH rises, traders open more contracts, adding more upward pressure until margin constraints or profit-taking break the cycle.<\/p>\n

The estimated leverage ratio, which measures the proportion of open interest relative to exchange balances, has returned to elevated levels. At 0.90, it's just shy of the all-time high of 0.916 recorded in early June.<\/p>\n

\"Ethereum
Graph showing Ethereum's estimated leverage ratio (ESL) across exchanges from June 16 to July 16, 2025 (Source: CryptoQuant<\/a>)<\/figcaption><\/figure>\n

This suggests that traders increasingly use margin or borrowed capital to maintain exposure. It also implies that a larger portion of ETH held on exchanges is tied up in derivatives contracts rather than being available for spot trading or withdrawal. Rising ELR tends to reduce the market's resilience to price volatility. In highly leveraged environments, even modest declines can trigger a cascade of liquidations as collateral thresholds are breached.<\/p>\n

Funding rates across Ethereum perpetual futures have also increased. On July 16, the average daily funding rate across all major exchanges hit 0.018%, equivalent to an annualized cost of around 6.7% for holding long positions. This marks a steep rise from the previous week's average of 0.0075% and is well above the 30-day average of 0.0073%.<\/p>\n

\"Ethereum
Chart showing the funding rates for Ethereum perpetual futures from Jan. 1 to July 16, 2025 (Source: CryptoQuant)<\/figcaption><\/figure>\n

Funding rates have only been negative for two days since the beginning of the year, showing a persistent long bias among traders. Much of the funding rate pressure appears concentrated in front-month perpetual swaps, particularly on retail-heavy platforms like Binance<\/a>, Bybit<\/a>, and OKX<\/a>.<\/p>\n

In contrast, longer-dated ETH futures on CME<\/a> and other institutional venues are trading at a more moderate premium to spot. This divergence suggests short-term traders drive the rally more than traditional asset managers or macro desks.<\/p>\n

The current expansion in derivatives is not occurring in a vacuum. Ethereum's spot volume has also increased meaningfully, providing some validation for the price move. Daily spot volumes averaged 874,000 ETH in the past week, 25% above the 30-day average.<\/p>\n

This rise in spot turnover helps confirm that fresh capital is entering the market rather than simply rotating through perpetual contracts. That said, the scale and pace of the derivatives buildout remain disproportionately large relative to spot flows, raising the likelihood that much of the recent price appreciation has been amplified by leverage.<\/p>\n

Derivatives are now driving a considerable share of Ethereum's price action. While this shows that the market is maturing, it's also making it more fragile. Elevated leverage, stretched funding, and high notional exposure suggest that ETH is now trading in a narrow equilibrium zone. If spot prices continue rising, the derivatives complex may self-sustain for a time, drawing in more capital and pushing leverage further.<\/p>\n

However, any abrupt move to the downside could unwind this structure rapidly. High ELR levels mean many positions are sitting on thin collateral buffers, and a sharp dip could force liquidations that push prices lower still, creating a classic cascade.<\/p>\n","protected":false},"excerpt":{"rendered":"

Ethereum’s derivatives market is showing clear signs of speculative overheating, with leverage ratios, open interest, and funding rates all rising. The last 30 days have seen ETH rally more than 24%, triggering a sharp expansion in derivatives exposure that now surpasses $24.5 billion in open interest, its all-time high. This has pushed the estimated leverage […]<\/p>\n","protected":false},"author":759,"featured_media":489812,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[77921],"tags":[80395,79900,76128,72190,79235,78702],"post_folder":[],"acf":[],"yoast_head":"\nEthereum open interest tops $24.5B as traders chase rally<\/title>\n<meta name=\"description\" content=\"Ethereum's derivatives market is overheating, with leverage ratios, open interest, and funding rates all reaching all-time highs.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum open interest tops $24.5B as traders chase rally\" \/>\n<meta property=\"og:description\" content=\"Ethereum's derivatives market is overheating, with leverage ratios, open interest, and funding rates all reaching all-time highs.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2025-07-16T16:15:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-17T14:59:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/07\/ethereum-trading.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Andjela Radmilac\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@andjelaradmilac\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andjela Radmilac\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/#person\",\"name\":\"Andjela Radmilac\",\"url\":\"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-andjela-radmilac-300x300.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-andjela-radmilac-300x300.jpg\",\"caption\":\"Andjela Radmilac\"},\"jobTitle\":\"Senior Analyst\",\"description\":\"Andjela brings a classical education and politics background to crypto, where she has covered industry news since 2018.\",\"worksFor\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"sameAs\":[\"https:\/\/x.com\/andjelaradmilac\",\"https:\/\/www.linkedin.com\/in\/andjelaradmilac\",\"https:\/\/muckrack.com\/andjela-radmilac\"]},\"headline\":\"Ethereum open interest tops $24.5B as traders chase rally\",\"datePublished\":\"2025-07-16T16:15:36+00:00\",\"dateModified\":\"2025-07-17T14:59:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/\"},\"wordCount\":804,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"keywords\":[\"ESL\",\"estimated leverage ratio\",\"ETH\",\"ethereum\",\"ethereum derivatives\",\"open interest\"],\"articleSection\":[\"Research\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/#respond\"]}],\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/\",\"url\":\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/\",\"name\":\"Ethereum open interest tops $24.5B as traders chase rally\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/#website\"},\"datePublished\":\"2025-07-16T16:15:36+00:00\",\"dateModified\":\"2025-07-17T14:59:23+00:00\",\"description\":\"Ethereum's derivatives market is overheating, with leverage ratios, open interest, and funding rates all reaching all-time highs.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptoslate.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum open interest tops $24.5B as traders chase rally\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoslate.com\/#website\",\"url\":\"https:\/\/cryptoslate.com\/\",\"name\":\"CryptoSlate\",\"description\":\"Cryptocurrency News and Real-time Coin Data\",\"publisher\":{\"@id\":\"https:\/\/cryptoslate.com\/#organization\"},\"inLanguage\":\"en-US\"},{\"@type\":\"NewsMediaOrganization\",\"@id\":\"https:\/\/cryptoslate.com\/#organization\",\"name\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg\",\"width\":1000,\"height\":1000,\"caption\":\"CryptoSlate\"},\"image\":{\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/twitter.com\/cryptoslate\",\"https:\/\/www.instagram.com\/cryptoslate\",\"https:\/\/www.linkedin.com\/company\/cryptoslate\",\"https:\/\/www.youtube.com\/c\/cryptoslate\",\"https:\/\/t.me\/cryptoslatenews\",\"https:\/\/www.crunchbase.com\/organization\/cryptoslate\",\"https:\/\/iq.wiki\/wiki\/cryptoslate\",\"https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ\",\"https:\/\/muckrack.com\/media-outlet\/cryptoslate\",\"https:\/\/www.tiktok.com\/@cryptoslatenews\"],\"publishingPrinciples\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"ownershipFundingInfo\":\"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/\",\"correctionsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"ethicsPolicy\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles\",\"foundingDate\":\"2017-08-04\",\"founder\":[{\"@type\":\"Person\",\"name\":\"Nate Whitehill\"},{\"@type\":\"Person\",\"name\":\"Matthew Blancarte\"}],\"contactPoint\":[{\"@type\":\"ContactPoint\",\"contactType\":\"customer support\",\"url\":\"https:\/\/cryptoslate.com\/contact\/\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"sales\",\"url\":\"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form\",\"availableLanguage\":\"en-US\"},{\"@type\":\"ContactPoint\",\"contactType\":\"newsroom\",\"url\":\"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback\",\"email\":\"tips@cryptoslate.com\",\"availableLanguage\":\"en-US\"}],\"masthead\":\"https:\/\/cryptoslate.com\/about\/#masthead\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/699a3980d313687a5551af6b58862d08\",\"name\":\"Andjela Radmilac\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-andjela-radmilac-150x150.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-andjela-radmilac-150x150.jpg\",\"caption\":\"Andjela Radmilac\"},\"description\":\"Armed with a classical education and an eye for news, Andjela dove head deep into the crypto industry in 2018 after spending years covering politics.\",\"sameAs\":[\"https:\/\/twitter.com\/andjelaradmilac\"],\"jobTitle\":\"Senior Analyst\",\"worksFor\":\"CryptoSlate\",\"url\":\"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ethereum open interest tops $24.5B as traders chase rally","description":"Ethereum's derivatives market is overheating, with leverage ratios, open interest, and funding rates all reaching all-time highs.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum open interest tops $24.5B as traders chase rally","og_description":"Ethereum's derivatives market is overheating, with leverage ratios, open interest, and funding rates all reaching all-time highs.","og_url":"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/","og_site_name":"CryptoSlate","article_published_time":"2025-07-16T16:15:36+00:00","article_modified_time":"2025-07-17T14:59:23+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/07\/ethereum-trading.jpg","type":"image\/jpeg"}],"author":"Andjela Radmilac","twitter_card":"summary_large_image","twitter_creator":"@andjelaradmilac","twitter_site":"@cryptoslate","twitter_misc":{"Written by":"Andjela Radmilac","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/#article","isPartOf":{"@id":"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/"},"author":{"@type":"Person","@id":"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/#person","name":"Andjela Radmilac","url":"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/"},"image":{"@type":"ImageObject","@id":"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/#authorimage","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-andjela-radmilac-300x300.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-andjela-radmilac-300x300.jpg","caption":"Andjela Radmilac"},"jobTitle":"Senior Analyst","description":"Andjela brings a classical education and politics background to crypto, where she has covered industry news since 2018.","worksFor":{"@id":"https:\/\/cryptoslate.com\/#organization"},"sameAs":["https:\/\/x.com\/andjelaradmilac","https:\/\/www.linkedin.com\/in\/andjelaradmilac","https:\/\/muckrack.com\/andjela-radmilac"]},"headline":"Ethereum open interest tops $24.5B as traders chase rally","datePublished":"2025-07-16T16:15:36+00:00","dateModified":"2025-07-17T14:59:23+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/"},"wordCount":804,"commentCount":0,"publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"keywords":["ESL","estimated leverage ratio","ETH","ethereum","ethereum derivatives","open interest"],"articleSection":["Research"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/#respond"]}],"copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/cryptoslate.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/","url":"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/","name":"Ethereum open interest tops $24.5B as traders chase rally","isPartOf":{"@id":"https:\/\/cryptoslate.com\/#website"},"datePublished":"2025-07-16T16:15:36+00:00","dateModified":"2025-07-17T14:59:23+00:00","description":"Ethereum's derivatives market is overheating, with leverage ratios, open interest, and funding rates all reaching all-time highs.","breadcrumb":{"@id":"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/cryptoslate.com\/ethereum-open-interest-tops-24-5-b-as-traders-chase-rally\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptoslate.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum open interest tops $24.5B as traders chase rally"}]},{"@type":"WebSite","@id":"https:\/\/cryptoslate.com\/#website","url":"https:\/\/cryptoslate.com\/","name":"CryptoSlate","description":"Cryptocurrency News and Real-time Coin Data","publisher":{"@id":"https:\/\/cryptoslate.com\/#organization"},"inLanguage":"en-US"},{"@type":"NewsMediaOrganization","@id":"https:\/\/cryptoslate.com\/#organization","name":"CryptoSlate","url":"https:\/\/cryptoslate.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/05\/c-logo.jpg","width":1000,"height":1000,"caption":"CryptoSlate"},"image":{"@id":"https:\/\/cryptoslate.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/twitter.com\/cryptoslate","https:\/\/www.instagram.com\/cryptoslate","https:\/\/www.linkedin.com\/company\/cryptoslate","https:\/\/www.youtube.com\/c\/cryptoslate","https:\/\/t.me\/cryptoslatenews","https:\/\/www.crunchbase.com\/organization\/cryptoslate","https:\/\/iq.wiki\/wiki\/cryptoslate","https:\/\/news.google.com\/publications\/CAAqKggKIiRDQklTRlFnTWFoRUtEMk55ZVhCMGIzTnNZWFJsTG1OdmJTZ0FQAQ","https:\/\/muckrack.com\/media-outlet\/cryptoslate","https:\/\/www.tiktok.com\/@cryptoslatenews"],"publishingPrinciples":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","ownershipFundingInfo":"https:\/\/cryptoslate.com\/disclaimers\/how-cryptoslate-makes-and-spends-money\/","correctionsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","ethicsPolicy":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#editorial-principles","foundingDate":"2017-08-04","founder":[{"@type":"Person","name":"Nate Whitehill"},{"@type":"Person","name":"Matthew Blancarte"}],"contactPoint":[{"@type":"ContactPoint","contactType":"customer support","url":"https:\/\/cryptoslate.com\/contact\/","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"sales","url":"https:\/\/cryptoslate.com\/contact\/?topic=advertising#contact-form","availableLanguage":"en-US"},{"@type":"ContactPoint","contactType":"newsroom","url":"https:\/\/cryptoslate.com\/disclaimers\/editorial-policy\/#corrections-feedback","email":"tips@cryptoslate.com","availableLanguage":"en-US"}],"masthead":"https:\/\/cryptoslate.com\/about\/#masthead"},{"@type":"Person","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/699a3980d313687a5551af6b58862d08","name":"Andjela Radmilac","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptoslate.com\/#\/schema\/person\/image\/","url":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-andjela-radmilac-150x150.jpg","contentUrl":"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/10\/profile-andjela-radmilac-150x150.jpg","caption":"Andjela Radmilac"},"description":"Armed with a classical education and an eye for news, Andjela dove head deep into the crypto industry in 2018 after spending years covering politics.","sameAs":["https:\/\/twitter.com\/andjelaradmilac"],"jobTitle":"Senior Analyst","worksFor":"CryptoSlate","url":"https:\/\/cryptoslate.com\/author\/andjela-radmilac\/"}]}},"_links":{"self":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/489784"}],"collection":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/users\/759"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/comments?post=489784"}],"version-history":[{"count":4,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/489784\/revisions"}],"predecessor-version":[{"id":490071,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/posts\/489784\/revisions\/490071"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media\/489812"}],"wp:attachment":[{"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/media?parent=489784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/categories?post=489784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/tags?post=489784"},{"taxonomy":"post_folder","embeddable":true,"href":"https:\/\/cryptoslate.com\/wp-json\/wp\/v2\/post_folder?post=489784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}