While the broader crypto market has entered a consolidation phase, Ethereum
ETH
$1 845
24h volatility:
2.6%
Market cap:
$222.72 B
Vol. 24h:
$14.22 B
price is up 5%, regaining above the critical resistance as bulls drive the upside ahead of the $42.4 billion options expiry on May 30. As a result, the daily ETH trading volume has also shot up 12.46% to $26.15 billion.
Ethereum Price Rallies Before Options Expiry
As per the CoinGlass data, the Ethereum options trading volume is up 18.95% to over $1 billion, while the options open interest volume is up to nearly $9 billion. On May 30, Ether (ETH) faces a significant milestone as $2.4 billion worth of options contracts are set to expire. This event could provide the mome
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