Open Positions in Ether Options Expiring at the End of April Suggest Bullish Sentiment
According to Mars Financial News, approximately $3.3 billion worth of Ethereum options are set to expire at the end of April, with about two-thirds being used for call options or bullish bets on price." Data shows that the ratio of put options to call options expiring at the end of April is currently 0.45, which is lower than 1 indicating that the trading volume of call options exceeds that of put options, suggesting a bullish sentiment in the market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: Paradigm stakes 14.7 million HYPE tokens worth $581 million
CryptoQuant: BTC accumulation by "accumulation addresses" reaches an all-time high
Pump.fun has cumulatively bought back over $170 million worth of PUMP tokens.
