• Latest
ETH options data Reveals traders’ mixed opinions on ETH’s Potential

ETH options data Reveals traders’ mixed opinions on ETH’s Potential

June 4, 2021
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Ethereum

ETH options data Reveals traders’ mixed opinions on ETH’s Potential

coinnewsdaily by coinnewsdaily
June 4, 2021
in Ethereum
0
ETH options data Reveals traders’ mixed opinions on ETH’s Potential
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

After reviewing Ether (ETH) choices for June 25, an individual might feel that traders either became overly optimistic or ultra-bearish. At this time, there are big bets for prices under $1,000 while others target for $3,800 and greater.

A current report from Coinshares reveals that multiple crypto funds have started seeing net inflows after weeks of record outflows. The report notes Ether automobiles saw a total of $47 million in inflows, bringing its market sprung around 27 percent.

Related articles

5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022

DeFi expansion supports greater Ether costs

Another positive factor is that DeFi protocols maintain a $48 billion total worth locked (TVL) although the sector took a significant hit after the current Ether price crash.

Bitcoin
ETH network net worth locked on smart contracts. Source: DeBank

The 57% growth over the past three months must please even the most optimistic investors, however crypto traders infamously subtract whatever situation took place over the latest weeks. So, as Ether dropped out of the 4,380 all-time large on May 12, investors quickly scrambled to put up protective places down to $400.

On the other hand, the much-anticipated transition into a proof-of-stake consensus model might be the root of the positive expectations. The EIP-1559 improvement proposition place for next month is yet another important stepping stone, and some traders have price goals ranging from $4,000 to $10,000.

Cointelegraph
June 25 Bitcoin choices open curiosity. Source: Bybt

There are currently 623,800 Ether alternative contracts expiring on June 25, totaling a $1.75 billion open interest. The neutral-to-bullish call (purchase ) options are currently 29% more represented, but this call-to-put ratio uses an equivalent weight for every single attack regardless of its probabilities.

Bears spent more than $1 million constructing their rankings

However, considering the approximately three weeks left until the June 25 expiry, these contracts are trading under $32 each. The market value for those bearish options stands at $1.2 million.

On the other hand, bulls likely have exaggerated by buying call options at $3,800 and greater. All these 160,000 Ether contracts amount to some $450 million open curiosity but considering their current face value is under $80 each, their market value stands at $5 million.

Thus, bulls spent money setting up their position despite the similar open curiosity placed on both sides.

These out-of-the-money choices are an excellent means for options sellers to cash in the premium beforehand. The identical methodology can be applied for $2,100 put options and $3,800 call choices.

The perspectives and opinions expressed here are solely those of this writer and don’t necessarily reflect the views of CoinNewsDaily. Every single investment and trading move involves risk. You need to run your own research when making a determination.

Tags: BitcoinCryptoDeFiDeFi protocolsETHETH ZurichEtherEthereumEveryInvestment
Share76Tweet48
Previous Post

Shopping.io Enables Crypto-Payments on Popular E-Commerce Websites

Next Post

Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
things you should know before investing in nfts
Alt Coin

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum
Alt Coin

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
btc and eth will break all time highs in 2022 — celsius ceo
Bitcoin

BTC and ETH will break all-time highs in 2022 — Celsius CEO

April 21, 2022
Load More
Next Post
Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio

Altcoin Roundup: Post-crash prices give investors a chance to build a diversified portfolio

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$27,151.00-3.05%
  • ethereumEthereum(ETH)$1,718.34-3.43%
  • tetherTether(USDT)$1.000.06%
  • binancecoinBNB(BNB)$311.74-5.28%
  • rippleXRP(XRP)$0.4810496.18%
  • cardanoCardano(ADA)$0.347328-2.67%
  • dogecoinDogecoin(DOGE)$0.073425-1.66%
  • matic-networkPolygon(MATIC)$1.05-5.50%
  • solanaSolana(SOL)$19.88-5.13%
  • polkadotPolkadot(DOT)$5.88-2.86%
  • litecoinLitecoin(LTC)$89.16-4.50%
  • shiba-inuShiba Inu(SHIB)$0.000010-1.91%
  • tronTRON(TRX)$0.063761-0.91%
  • daiDai(DAI)$0.99-0.44%
  • chainlinkChainlink(LINK)$6.81-6.21%
  • cosmosCosmos Hub(ATOM)$10.86-4.27%
  • leo-tokenLEO Token(LEO)$3.39-2.37%
  • ethereum-classicEthereum Classic(ETC)$19.77-2.77%
  • moneroMonero(XMR)$151.44-5.85%
  • okbOKB(OKB)$42.561.02%
  • stellarStellar(XLM)$0.0930590.60%
  • bitcoin-cashBitcoin Cash(BCH)$120.62-3.05%
  • filecoinFilecoin(FIL)$5.38-5.27%
  • crypto-com-chainCronos(CRO)$0.067138-2.67%
  • vechainVeChain(VET)$0.022081-3.38%
  • algorandAlgorand(ALGO)$0.200815-4.97%
  • internet-computerInternet Computer(ICP)$4.78-4.33%
  • eosEOS(EOS)$1.09-5.08%
  • elrond-erd-2MultiversX(EGLD)$41.13-4.03%
  • tezosTezos(XTZ)$1.08-6.56%
  • aaveAave(AAVE)$69.62-4.44%
  • theta-tokenTheta Network(THETA)$0.97-5.06%
  • neoNEO(NEO)$12.794.54%
  • paxos-standardPax Dollar(USDP)$1.000.29%
  • havvenSynthetix Network(SNX)$2.34-5.49%
  • bitcoin-cash-svBitcoin SV(BSV)$35.43-3.48%
  • pancakeswap-tokenPancakeSwap(CAKE)$3.59-4.20%
  • dashDash(DASH)$56.08-5.30%
  • makerMaker(MKR)$676.950.91%
  • huobi-tokenHuobi(HT)$3.61-1.80%
  • iotaIOTA(MIOTA)$0.199774-5.19%
  • zilliqaZilliqa(ZIL)$0.026110-4.95%
  • zcashZcash(ZEC)$35.99-1.53%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • basic-attention-tokenBasic Attention(BAT)$0.235339-4.78%
  • nemNEM(XEM)$0.037664-5.56%
  • qtumQtum(QTUM)$3.07-1.39%
  • kusamaKusama(KSM)$31.91-5.31%
  • compound-governance-tokenCompound(COMP)$41.05-4.17%
  • bitcoin-goldBitcoin Gold(BTG)$15.58-4.93%
  • yearn-financeyearn.finance(YFI)$8,127.65-3.89%
  • omisegoOMG Network(OMG)$1.84-0.51%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • golemGolem(GLM)$0.224328-6.08%
  • wavesWaves(WAVES)$2.05-5.84%
  • ontologyOntology(ONT)$0.220548-4.50%
  • sushiSushi(SUSHI)$1.01-4.61%
  • umaUMA(UMA)$2.197.33%
  • digibyteDigiByte(DGB)$0.009376-3.29%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%