Markets· ★★· bullish·

Ethereum options open interest jumps 10% to $6.42 billion

  • —ETH options open interest rose 10% to $6.42 billion from $5.81 billion a day earlier
  • —24-hour options volume reached $2.43 billion
  • —Calls make up 62.8% of open interest and 62.1% of volume
  • —The $2,450 call expiring October 16 on Binance led 24-hour volume
Why it matters: Rising open interest and a call-heavy mix suggest traders are positioning for further ETH upside in the near to medium term.
Source: TokenPost