Ethereum Options Open Interest Hitting New Highs

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Ethereum Options Open Interest Hitting New Highs
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The upcoming merge upgrade has resulted in the record-shattering Ethereum options open interest

Deribit, the largest cryptocurrency options trading platform, recently took note of the “flippening” in aEthereum’s upcoming transition to the proof-of-stake consensus algorithm has been touted as the key bullish catalyst for the second-largest cryptocurrency as well as the

broader cryptocurrency market. The Ethereum spot market saw growing activity in recent weeks, with the price of the Bitcoin competitor soaring above the $1,900 level. appearing in the spotlight once again, it is natural that options traders want to get a piece of the action.

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