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 Wormhole Network’s Cross-Chain Bridge Exploited for Over $250 Million in Ethereum February 3, 2022 Ethereum Service Provider Infura Suffers Another Outage April 22, 2022 xDai Community Alleges “Hostile Takeover” By Gnosis November 9, 2021