The number of Ethereum non-zero wallet addresses hit a new high, and open interest in ETH futures on Bitfinex reached a one-month high.

Odaily News Glassnode data shows that the number of non-zero wallet addresses on the Ethereum chain is 106,018,155, a record high. Additionally, open interest in Ethereum futures on Bitfinex stood at $125,397,615.99, reaching a one-month high. According to its analysis, high open interest indicates a bullish trend, however, if the indicator becomes too high, it can sometimes mean that the trend is about to change from bullish to bearish. (U.Today)