ETH Derivatives and Onchain Data Suggest the Path to $2,600 Remains Open

May 12, 2026 - 20:15
ETH Derivatives and Onchain Data Suggest the Path to $2,600 Remains Open
Key takeaways: ETH derivatives metrics show professional traders are holding steady and haven’t flipped bearish despite recent DeFi exploits. Ethereum’s 53% Total Value Locked market share and institutional ETF demand continue to provide support near $2,200. Ether price rally stalls, but ETH futures far from bearish Ether (ETH) price failed to sustain bullish momentum after...

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