The ratio between the open interest of Ether (ETH) put and call options jumped to its highest level since last May at 0.47 on Tuesday, according to data presented by crypto data analytics and news firm The Block.
That could suggest a build-up of bearish bets in the market ahead of an upcoming series of major upgrades to the Ethereum network on the 12th of April that will, amongst other things, allow for the withdrawal of staked Ether tokens....
Read More: Ethereum Put/Call Ratio Jumps – Are Bearish Bets Building Up Ahead of Shappella Upgrade?
Ethereum Put/Call Ratio Jumps – Are Bearish Bets Building Up Ahead of Shappella Upgrade?
