Monitor Ethereum’s evolution with updates on ETH price movements, network upgrades, scaling solutions, and the expanding ecosystem of dApps and DeFi protocols built on the Ethereum blockchain.
Ethereum Options OI Surges: What It Means for the ETH Price Rally
The cryptocurrency world recently witnessed a significant event. Ethereum options OI, or Open Interest, experienced a remarkable surge. It reached $13.75 billion, marking the highest point this year. This figure stands just below the all-time record of $14.6 billion, set in March 2024. This substantial increase, reported by Glassnode on X, indicates heightened derivatives positioning. […]
