Ethereum Options Data Suggests Pro Traders Expect ETH Price to Break $400
Ethereum price has stalled below $400 but ETH options data suggests the altcoin will push through the resistance level soon. Ethereum (ETH) options open interest increased by 5 fold over the past three months to reach $337 million. Although this figure pales in comparison to the current $1.8 billion Bitcoin (BTC) options market, Ether options have grown to reach the same size the BTC options market was roughly 15 months ago. ETH options open interest in USD terms.
Coin Telegraph - 9th Aug 21:08