According to glassnode, the open interest of Deribit ethereum options with a notional value of $5.6 billion exceeded the open interest of bitcoin options for the first time in history, and the bitcoin options open interest is about $4.3 billion.
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At present, Ethereum options are mainly call options, with a Put/Call ratio of 0.26. The call options period is mainly concentrated on September 30 and December 30, with 1.2 billion and 1.8 billion respectively.
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The Flippening, if it ever was to happen, will happen during a bear market. Few.
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