Tag: Ether options

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Ethereum price moves toward new highs even as pro traders turn bearish

The price of Ether (ETH) fell by 19.6% on April 18, resulting in the quick liquidation of $1 billion in long futures contracts. Despite the size of this record liquidation and its impact on Ether’s price, the futures open interest remained above $20.5 billion, which is 5% below the previous month. After the sell-off, there…
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21 April 2021 0

Ethereum bulls hedge their bets ahead of next week’s $250M ETH options expiry

Ether (ETH) paved the way for lower transaction costs with the Berlin upgrade on April 15. However, traders already know that the Ethereum Improvement Proposal 1559 is the most anticipated and controversial change scheduled for the upcoming London hard fork. The EIP introduces a base fee that will be burned when a transaction occurs, while…
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16 April 2021 0