Ethereum price lingers at key resistance days before $112M options expiry

Cointelegraph

Published Aug 24, 2020 07:09PM ET

Updated Aug 24, 2020 08:40PM ET

Ether (ETH) options contracts open interest have grown five-fold in the past three months to currently sit at $452 million.

The $112 million set to expire this Friday could have a considerable market impact, although that will depend on the balance between bullish and bearish strategies.

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