#Institutions are buying ETH call options.#
Hot Topic Overview
Overview
Institutional investors have been bullish on ETH recently, buying large amounts of ETH options. Today, the largest ETH bulk trade on the Deribit platform was a user paying $684,000 for 5,000 ETH call options expiring on January 24th (this Friday) at a strike price of $3,350. The user expects the ETH price to break through $3,350 this Friday and potentially continue to rise in the future. Currently, the ETH price is hovering around $3,250, the DVOL volatility index is 73.4, and the greed index is 76, indicating a relatively optimistic market sentiment.
Ace Hot Topic Analysis
Analysis
Institutional investors have shown strong bullish sentiment towards ETH options recently. According to data disclosed by Lin Chen, Head of Business Development Asia Pacific at Deribit, on X platform, the largest bulk trades of BTC and ETH on Deribit today were both call options. In particular, a user paid $684,000 to purchase 5,000 ETH call options expiring on January 24 (this Friday) at a strike price of $3,350. This user expects ETH price to break through $3,350 by this Friday, and they will profit if the price is above $3,500 at settlement. Currently, ETH price is hovering around $3,250, with a DVOL volatility index of 73.4 and a Greed Index of 76 (greedy), while the ETH/BTC exchange rate is 0.0320. Institutional investors' bullish sentiment towards ETH options may be related to the recent price trend of ETH and the optimistic market expectations for its future development.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Institutions are bullish on ETH's future trajectory, believing the price will break through $3350.
Institutions are going long by buying call options, expecting to profit in the short term.
Institutions are optimistic about ETH's bullish sentiment, with the overall market in a state of greed.
Institutions believe the ETH/BTC exchange rate is likely to continue to rise.