Ether (ETH) open interest on the decentralized perpetuals platform Hyperliquid has exceeded that of Bitcoin (BTC), with ETH at about $3.02 billion compared to BTC's $2.8 billion. This shift highlights Ether's growing dominance in derivatives trading on the platform, where total open interest reached a record $18 billion as of September 29, 2026. Hyperliquid's open interest accounts for roughly 8.7% to 10.9% of the global perpetual-contract market, indicating significant capital committed to active contracts. This trend may influence future trading dynamics between the two leading cryptocurrencies.
Following the news of Ether's open interest surpassing Bitcoin on Hyperliquid, on Pluang as of September 29, 2026, 16:51 WIB, ETH trades at Rp48.830.551 with a 1-day gain of 2.89%, while BTC is priced at Rp1.512.388.024, up 1.76% for the day. Ethereum's market cap on Pluang stands at Rp5.936,51 trillion, compared to Bitcoin's Rp30.280,24 trillion. This data highlights ongoing strong interest in both cryptocurrencies among Pluang investors.
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Ether (ETH), the second-largest cryptocurrency by market cap, experienced $11.28 million in short-position liquidations within one hour ending at 4:23 a.m. ET on September 29. During this period, the price of Ether increased by 0.74%, moving from $2,...
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