Ethereum (ETH) options positioning eased slightly over the past day, with total open interest slipping to $6.61 billion even as traders concentrated fresh activity in near-dated upside bets—most notably a $2,400 call that led 24-hour turnover. The mix suggests a market that remains broadly constructive on ETH, while tactically trading short-term moves and volatility around key price levels.
As of May 18, 1:00 a.m. ET, data compiled by Coinglass showed ETH options open interest (OI) at $6.61 billion, down about 2.22% from $6.76 billion a day earlier. Calls accounted for 60.13% of outstanding… Read more







