The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, achieved a new all-time high of $1,500 today. Data suggests that the ETH options market showed dominant call activity, and this may be a primary factor in the rally to a new high.
Across major exchanges, the price of ETH surpassed $1,500 after the options market showed dominant call activity.
In the options market, there are two types of contracts: puts and calls. Puts are sell orders, and calls are buy…
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