Founder of DeFi Report: Triple reasons including "real capital inflow + long positions + short squeeze" drove the surge in ETH

Odaily News Michael Nadeau, founder of DeFi Report, wrote on X about the ETH market:
1. ETH open interest has increased by 40% in the past few days, which means a large number of leveraged longs have appeared;
2. ETH’s spot trading volume has jumped from $4-6 billion per day to $15-18 billion per day, which means real capital inflow;
3. The funding rate has increased from 0.005% to 0.03%;
4. In the past few days, the amount of ETH short liquidation exceeded 85 million US dollars.
In summary, ETH currently shows signs of "real capital inflow, long positions increasing, and short squeeze", and the rise is driven by these three reasons.