Ethereum options data shows traders' mixed opinions on ETH's future
Data shows traders are buying $400 protective puts while also holding $7,000 call options, a signal that traders either have mixed emotions or are just cashing in on the upfront premium. After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or ultra-bearish. Currently, there are large bets for prices below $1,000 while others aim for $3,800 and higher.A recent report from Coinshares shows that multiple crypto funds have begun seeing net inflows after weeks of record outflows. The report notes that Ether vehicles saw a total of $47....
Related News
Data shows pro traders who bought the Ethereum price dip below $1,600 are now booking profits even though today’s $1.15 billion options expiry was uneventful. Ether (ETH) rebounded from a $1,550 low on March 24, which marked a 17% fall from the $1,870 weekly high. Even though the $1.15 billion options expiry in the early hours of March 26 could have pressured Ether price, the continuing surge in gas fees for Ethereum transactions likely played a part.To better assess these forces, one should analyze top traders' exposure using data provided by the largest crypto exchanges. If the case for....
Data shows 99.5% of the neutral-to-bearish Ether put options will become worthless above $1,360, leaving bulls with a significant advantage for the foreseeable future. After marking a new $1,477 high on Jan. 24, Ether's (ETH) price was shaken down to $1,206 on Jan. 27 but according to derivatives markets, bulls remain confident that $2,000 is still within reach.The neutral-to-bearish put options open interest above $1,360 is irrelevant and only 2,540 ETH options, equivalent to a $3.4 million in open interest, is above that price level. That being said, more than 99.5% of the put options....
Ethereum price is now the center of attention but options data shows pro traders are still wildly bullish on Bitcoin price. In the last few days, Bitcoin (BTC) price has underperformed Ether (ETH) by almost 20%. Even though BTC seems to be struggling to break the $18,800 barrier, both cryptocurrencies display the same bullishness according to derivatives markets data.BTC/USD and ETH/USD at Bitstamp. Source: Digital Assets DataEther is entering a parabolic rally as its Eth2 network launch progresses, and this optimism is reflected in the options markets. Despite the lack of similar price....
Even though cryptocurrency traders have been exuberant over the price rise, a number of analysts are focused on the large bitcoin and ethereum options expiries set to end before Halloween. Data from Skew.com shows $750 million in Bitcoin options is set to expire and prices could get volatile. The price of bitcoin (BTC) touched an all-time 2020 high at $13,490 on Tuesday across global exchanges. The price spiked when the news leaked about Southeast Asia’s largest bank DBS launching a digital asset exchange. Despite the major price climb this month, bitcoin and ethereum markets are....
Options data shows pro traders are not confident that Ethereum price will follow Bitcoin’s rally to new 2020 highs. This week Bitcoin (BTC) and Ether (ETH) prices reached new highs as a slew of bullish news continued to pump investors’ hope that the next crypto-bull market will mirror the one seen in 2017. Many novice traders simply follow spot prices on the major crypto exchanges to gauge the direction price might take. However, reviewing options markets data can provide additional relevant insights on market sentiment. Looking at the most recent activity in Bitcoin options, it is clear....