🚀 Ethereum's price holds steady above $2,500 as short liquidations dominate, reaching $15.03 million on Jan. 16. Meanwhile, ETH's open interest share has increased from 21.8% to 26.5% since the start of the year. With Bitcoin dominance below 50%, altcoins like ETH are expected to outperform BTC.

- Ethereum's supply on exchanges nears an all-time low of 8.05%, signaling a reduced risk of an imminent sell-off.

- Ethereum's Dencun upgrade deploys Proto-Danksharding on Goerli testnet, aiming to lower transaction costs on layer 2s and improve bridge and staking pool features.

Stay tuned for more crypto news! 😄