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ETH Options Open Interest Reaches Record High as ETH/BTC Breaks Out

The aggregated open interest (OI) across exchanges in the ethereum (ETH) options market reached a record high on Wednesday of USD 7.76b, suggesting that more sophisticated traders are positioning themselves for major mov...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

ETH Options Open Interest Reaches Record High as ETH/BTC Breaks Out
 
The aggregated open interest (OI) across exchanges in the ethereum (ETH) options market reached a record high on Wednesday of USD 7.76b, suggesting that more sophisticated traders are positioning themselves for major moves in the second largest cryptocurrency.
The USD 7.76b figure was recorded by crypto derivatives tracking site Coinglass as the highest ever, rising above the previous all-time high from May 12 this year of USD 7.4b....
Read More: ETH Options Open Interest Reaches Record High as ETH/BTC Breaks Out

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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