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Ethereum Options Expiry: 500K Contracts Set to Expire Today, What’s Ahead? Coingape 26 Jul 2024

Ethereum Options Expiry: 500K Contracts Set to Expire Today, What’s Ahead? 📊

With Ethereum showing strong price volatility around the approval of the spot Ethereum ETF, investors are closely monitoring the expiration of 500K Ethereum options contracts today. As of now, Ethereum has recovered 3% from yesterday's lows, trading around $3,250, according to data from derivatives platform Deribit. The article highlights the potential market movement and investor sentiment ahead of the Ethereum options expiration. The data suggests significant market interest and possible impacts on Ethereum's price. Investors are advised to stay vigilant as the expiration could lead to notable price shifts and increased volatility in the market. The community is also watching closely for any related announcements or market reactions following the options expiration.

Source: coingape.com ↗

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