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 2024 Crypto Report: Bitcoin Stable, Ethereum Declines, Niche Tokens Rally February 22, 2025 62 Crypto Projects Raise $474M in 20 Days, Led by Sophon and Securitize May 20, 2024 ConsenSys launches Linea zkEVM to further scale Ethereum July 11, 2023