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Ethereum options open interest nears $5.7B as $2,500 call leads trading amid rising put hedging.

Market News
23 Jun 2026
Tokenpost
View Source
Neutral
pluang ai news

Ethereum options open interest stood near $5.7 billion, with the $2,500 call option being the most actively traded contract, signaling trader optimism for price gains. Calls made up 60.34% of outstanding contracts, indicating bullish sentiment, while increased put volume suggests traders are hedging against short-term volatility. Major trading venues like Bybit and Deribit dominate the market, with a focus on near-term and year-end strike prices. This mixed activity reflects a market balancing upside potential with risk management as key expirations approach.

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