Ethereum active addresses hit 15.19M ATH as ETH funding and leverage climb

Ethereum’s monthly active addresses have reached an all-time high of 15.19 million, while derivatives funding rates and leverage on platforms like BitMEX and Binance are rising. ETH is trading in a $2,000-$2,200 range with easing selling pressure, but elevated long positioning may increase the risk of pullbacks if spot demand does not strengthen.