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Wintermute Analyst: Money is Moving from BTC to ETH, Derivatives Market Activity Surges
Wintermute analysts said that funds are moving from BTC to ETH, and the derivatives market activity is surging. The weekend saw a surge in unpositioned squaring contracts for Ethereum, while implied volatility also rose, and demand for call options also increased significantly, indicating growing confidence among derivatives traders. Analysts said the shift from bitcoin to ether was characterized by a sharp increase in the implied volatility of ether and a bearish bullish bias that reached its h...
2024-11-26 06:37:53
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