Ethereum (ETH) options positioning showed a modest pullback in outstanding exposure on Tuesday, even as short-dated trading activity skewed toward downside protection—highlighted by heavy turnover in a $1,775 put contract on Bybit.
Data compiled by CoinGlass as of 12:50 a.m. ET on July 8 put total Ethereum options open interest (OI) at $4.318 billion, down 0.23% from the prior day’s $4.328 billion. Over the past 24 hours, total options volume was about $831.2 million, indicating active near-term repositioning despite the slight decline in cumulative outstanding contracts.
The mix of… Read more






