Ethereum ‘ready to explode’ as ETH price reclaims $3.8K, analysts say

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ETH continues to show strength with record open interest and high network activity as bulls expect an upside breakout soon.

Key takeaways:

Ether’s open interest has doubled since June 22 to a record high of $58 billion. 

High network activity and a record stablecoin supply signal strong demand.

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