Deribit and OKEx report record activity on Ethereum options.
OKEx and Deribit ‘s Ethereum options reached record levels of activity with rising asset prices.
Deribit reported $ 20 million traded yesterday, and OKEx reported $ 12 million in liquidation over the past three days.
The increase in the activity of options trading is not an indicator of future price action. However, this activity reveals that Ethereum traders are participating in the market, which often means that there will be price activity.
Bitcoin itkoyn options also enjoyed the sensitive activity. Bitcoin’s open interest rate has reached record highs. Deribit’s BTC options activity has reached an all-time record.
In addition, about 33k Bitcoin in open interest rates were closed on Friday. However, the price did not move significantly.