- Ethereum network’s large wallet investors are betting on ETH price drop to the $400 level via put options.
- An order has been placed for 26,000 ETH put options with a strike price of $400, the options expire on June 30, 2023.
- ETH price needs to break past resistance between the $1,300 and $1,400 level to break out of its downtrend.
Ethereum, the second-largest asset by market capitalization, is at the risk of decline. Based on options data, ETH is likely to…
Source link
