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Ether options traded a record 1,135 contracts ($216 million).“Traders seem to be getting more exposure now to ETH relative to Bitcoin,” CryptoQuant said.
"The largest daily spot buying from ETH permanent holders so far in 2024."Ether prices in the coming days could be volatile after investors sent 62,000 ETH to exchanges, the most since early March, it said.
"High exchange flows are typically associated with price volatility.”On the flip side, the firm’s analysts warned of a “significant price correction” should the ETF application be dismissed.Six issuers, including BlackRock, filedupdated copies of their ether ETF proposalsthis week ahead of a decision due today.
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AI for Real time Digital Advertising Profitability ✌️【Recruitment】✌️Start investing now with ₹500 and grow your wealth with AI-driven smart choices.These rewards are largely considered passive income among crypto traders.As of Thursday, annualized yields on ether staking were nearly 3%, according to data from popular staking service Lido.Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.
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