Ethereum options data shows traders' mixed opinions on ETH's future

Cointelegraph

Published Jun 04, 2021 04:00PM ET

Updated Jun 05, 2021 06:20PM ET

After reviewing Ether (ETH) options for June 25, one might think that traders either became overly optimistic or ultra-bearish. Currently, there are large bets for prices below $1,000 while others aim for $3,800 and higher.

A recent report from Coinshares shows that multiple crypto funds have begun seeing net inflows after weeks of record outflows. The report notes that Ether vehicles saw a total of $47 million in inflows, bringing its market dominance up to 27%.

Ethereum network net value locked on smart contracts. Source: DeBank
June 25 Bitcoin options open interest. Source: Bybt

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