[ETH Spot/Futures Trading Volume Ratio on Binance Drops to Lowest Level Since 2023] BlockBeats News, March 16: According to crypto analyst Darkfost, the open interest of ETH on the Binance platform has significantly decreased, with holdings dropping by approximately 400,000 ETH since January. At the same time, the spot-to-futures trading volume ratio of ETH on Binance has fallen to its lowest level since 2023, the year marking the end of the bear market. Nevertheless, the current Ethereum futures trading volume on Binance is still more than six times that of the spot trading volume. This reflects the true weakness of the Ethereum spot market at present, and selling activities by the Ethereum Foundation or even Vitalik Buterin may also be causing investor caution.