Ethereum Classic falls 9% as OI drops to $90.12M and funding hits -0.0282

Ethereum Classic declined nearly 9% over the past 24 hours as derivatives metrics turned decisively bearish. CoinGlass data show about 9% of liquidity left the ETC perpetual market, leaving open interest around $90.12 million and the OI-weighted funding rate at -0.0282. A move above $9.94 would be needed to challenge the broader downtrend.