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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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Smart Supply Chain Management ✌️【Career Goals】✌️Start with ₹500 and achieve up to 100% monthly returns. Simple, safe, and highly profitable.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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He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.Smart Supply Chain Management Start Investing with Small Amounts, Big Returns
