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Solana options show bullish bets while Ethereum and XRP traders hedge for downside risks.

Market News
05 Jun 2026
Tokenpost
View Source
Neutral
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Options data from Deribit reveals a split in sentiment among major altcoins: Solana traders favor upside bets with a strong call option dominance, signaling expectations of a near-term rebound. Meanwhile, Ethereum and XRP traders exhibit more defensive positioning, with higher demand for put options indicating caution and hedging against potential price drops. This divergence highlights differing market views on risk and recovery, suggesting mixed signals ahead for crypto prices and volatility as key option expiries approach.

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