London is live and Ethereum bulls control Friday’s $357M ETH options expiry

in hive-160342 •  3 years ago 

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By MARCEL PECHMAN
Aug 5, 2021

$357 million in ETH options expire on August 6 and bears don’t stand a chance given that every neutral-to-bearish put is underwater.

Ether (ETH) price rallied 50% leading in the London hardfork because many investors expect the upgrade to solve the issue of high transaction fees and make the altcoin a deflationary asset.

Read more at:London is live and Ethereum bulls control Friday’s $357M ETH options expiry

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