Ethereum (ETH) options positioning remained skewed toward bullish bets, even as total open interest slipped slightly, with traders concentrating activity in near-term upside strikes around the $2,350 level. The setup suggests risk appetite is still present, but with some participants trimming exposure amid a tightly watched short-dated trading window.
As of Tuesday 01:00 UTC, data compiled by Coinglass showed total Ethereum options open interest at $6.96 billion, down about 0.85% from $7.02 billion a day earlier. Calls accounted for 61.60% of outstanding contracts versus 38.40% for puts,… Read more
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