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Ether Options Trading Volume Hits Record High of $17.9 Billion in January

Ether Options Trading Volume Hits Record High of $17.9 Billion in January

2024/01/26 16:26
ETH-0.05%

Ether options trading volume on major crypto derivatives exchanges has reached an all-time high of $17.9bn, according to The Block's data dashboard, despite the fact that there are still five days left until the end of January. According to Deribit data, the largest open contract volume is currently for options expiring on 16 February with a strike price of $2,350. This could be interpreted as bullish, with many derivatives traders expecting the price of Ether to rise above that level by mid-February.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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