Trading volume of Ethereum (ETH) options on cryptocurrency derivatives exchanges has reached an all-time high (ATH).
Following the approval of the spot Bitcoin exchange-traded fund (ETF), a record was broken in the option markets as all eyes turned to the spot Ethereum ETF.
Reported by Greeks.live, which examines cryptocurrency derivatives to data according to in January 2024 Transaction volume of Ethereum (ETH) options, to an all-time high reached. Volume of Ethereum options trades in January $18.54 billion It was recorded as.
Most of this volume occurred on Deribit, which stands out with its derivatives service for cryptocurrencies. Deribit $14.45 billion Ethereum ranks second in hosting option volume OKX with $1.6 billion took place.
Ethereum options open interest according to data Friday, January 26 until today’s maturity date A put call of 0.31 had the rate. Put-call ratio Below 0.7 typically indicates a bullish trend in the market.a put-call ratio above 1 indicates a downward trend of investors.
Data on Deribit shows that the largest open interest options by volume are currently 16 February for expiration $2,350 It revealed that there are call options with strike prices.