Ether’s Deepest ‘Backwardation’ Since 2020 Crash Shows Traders Prepping for Ethereum PoW Split

Ether’s Deepest ‘Backwardation’ Since 2020 Crash Shows Traders Prepping for Ethereum PoW Split

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

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