Ethereum options open interest slips to $8.35B as $2,600 puts dominate volume
- —Ethereum options OI at $8.35B, down 1.87% day-over-day
- —Calls make up 58.32% of OI, puts 41.68%
- —Puts lead 24-hour volume at 51.59% vs 48.41% for calls
- —Top trades: $2,600 puts on Deribit and Bybit, $2,800 call for Sept 25
Why it matters: The shift toward puts signals rising hedging demand ahead of the September 25 expiry, which could add near-term pressure on ETH.
Source: TokenPost