Chart showing Ethereum options OI nearing record highs, reflecting strong ETH market interest.
Ethereum News

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. […]