Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge Post author:MiamiCrypto Post published:August 1, 2022 Post category:ETH Price / Ether Price / Ethereum / Futures / Hard Fork / Proof-of-Stake / The Merge Backwardation reflects a market condition wherein spot prices trade higher than future prices. You Might Also Like Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees January 30, 2022 Ethereum price breaks through $3K, but analysts warn that a retest is needed March 24, 2022 Ethereum Will Outperform Solana This Bull Market: Arthur Hayes May 19, 2025