Options: calls dominate ETH and XRP, Solana more cautious
- —Open interest: ETH 147,471 contracts ($370.2M), SOL 7,927 ($8.1M), XRP 3,681 ($4.8M)
- —Put/call by OI: ETH 0.49, SOL 0.82, XRP 0.66
- —Put/call by 24-hour volume: ETH 0.51, SOL 0.36, XRP 0.44
- —Max Pain: ETH $2500, SOL $101, XRP $1.32
Why it matters: The call skew points to expectations of a rebound in ETH and XRP, while Solana remains the most hedged against a decline.
Source: TokenPost