“Aside from activity in the $5,000 and $6,500 calls, we also saw interest in calls at $7,000, $10,000, and $12,000 strikes,” Chu added. Ether’s options market has consistently seen bullish flows over the past month, barring Monday’s large trade in the put options or bearish bets at $3,000 and $4,000 strikes.
Related posts
-
injected $100m in more than 60 projects with AI and Bitcoin focus
OKX Ventures’ annual report for 2024 revealed the firm made a total of $100 million in... -
Ukraine promises sanctions over Russia’s use of Bitcoin in foreign trade: report
Ukraine is gearing up to block Russia’s use of Bitcoin and other cryptocurrencies in foreign trade,... -
Bitcoin Technical Analysis: Bears Tighten Grip as Price Dips Below Key Levels
Bitcoin is rocking at $95,492, with a market cap of $1.89 trillion, a 24-hour trade whirl...