Stock Groups

All $250M in bearish bets for Friday are underwater By Cointelegraph

[ad_1]

© Reuters

EtherETHSince Sept. 1,, ), has faced a bearish channel. However, it is currently fighting to overcome its resistance.

ETH bulls are likely to profit $115 millions on October 8th’s Ether Options expiry. The entire $250 million of neutral-tobearish put option options was worthless thanks to the 21% pump in the last week.

Coinbase (NASDAQ): Ether Price in USD TradingView
Open interest in Oct. 8 is a combination of Ether Options. Source: Bybt