Traders buy ETH in the spot market and sell ether futures to withstand volatility, creating backwardation.
Originally Posted on: https://www.coindesk.com/markets/2022/08/08/ethers-deepest-backwardation-since-2020-crash-shows-traders-prepping-for-ethereum-pow-split/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Omkar Godbole
