Summary
- It reported that Ethereum (ETH) options' implied volatility fell from 75%% to 63%%.
- It said investors still expect a steady rise in Ethereum.
- It reported that Ethereum reserve companies currently hold 4%% of the total supply, and this ratio is expected to increase to 10%%.
Ethereum (ETH) options implied volatility fell, and it was claimed that this reflected investors' expectations of a price rise.
On the 3rd (local time), according to The Block, on-chain options exchange Derive said, "Ethereum options short-term implied volatility fell from 75% to 63% over the past week," and "investors still anticipate a steady rise in Ethereum," it said.
He also said, "Ethereum reserve companies increase the potential for additional gains." He continued, "Ethereum reserve companies account for 4% of the total ETH supply, and this ratio is expected to increase to 10% in the future," he said.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
