{"id":2609674,"date":"2023-04-26T05:38:21","date_gmt":"2023-04-26T09:38:21","guid":{"rendered":"https:\/\/wordpress-1016567-4521551.cloudwaysapps.com\/plato-data\/ethereum-sees-20m-in-block-call-option-trades-amid-whale-moves\/"},"modified":"2023-04-26T05:38:21","modified_gmt":"2023-04-26T09:38:21","slug":"ethereum-sees-20m-in-block-call-option-trades-amid-whale-moves","status":"publish","type":"station","link":"https:\/\/platodata.io\/plato-data\/ethereum-sees-20m-in-block-call-option-trades-amid-whale-moves\/","title":{"rendered":"Ethereum Sees $20M in Block Call Option Trades Amid Whale Moves"},"content":{"rendered":"
In the past hour, Ethereum (ETH) has witnessed a significant surge in Block call option trades, totaling over $20 million. A majority of these trades are focused on short-term calls, with giant whale investors primarily driving the buying activity.<\/p>\n
As April 28th (APR28) approaches, the likelihood of a decrease in implied volatility (IV) within the next few days is extremely high. This anticipated decline could lead to shifts in the trading landscape, prompting investors to adjust their strategies accordingly.<\/p>\n
The recent activity in Ethereum\u2019s options market highlights the growing interest and attention being paid to the cryptocurrency, as large-scale investors make their moves. Market participants should keep a close eye on these developments and be prepared for any potential impact on ETH\u2019s price.<\/p>\n