Open positions in Ethereum (ETH) options broke the record of the last few months.
Jag Kooner, Bitfinex Derivatives Manager, “The number of open positions in Ethereum options increased last week increased by more than 300 thousand.” said.
Total value of open Ethereum positions on derivative exchanges, up to $9 billion rose to its highest level in recent months.
Open positions in Ethereum options on the Chicago Mercantile Exchange, which are generally used by institutional investors, are also all time record broke.
Bitfinex manager recently said that many investors direct call option by buying from Ethereum assuming a bullish position drew attention.
According to Deribit data, the strike price of the call options with the largest transaction volume in the past day, 3 thousand 500 dollars was at the level.
Kooner also noted that the “max pain” point in options expiring in April increased to approximately 2 thousand 400 dollars emphasized and “This indicates that traders are optimistic that the Ethereum price will rise in the medium-to-long term.” said.
