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Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge1 min read

Aug 1, 2022 < 1 min

Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge1 min read

Reading Time: < 1 minute

Backwardation reflects a market condition wherein spot prices trade higher than future prices.

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