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Over the past few months and years, financial derivatives like options and futures have become increasingly important to crypto. As a result, the data these markets have shown more and more about which way traders are leaning.
Case in point: Just recently, it was reported by a top options exchange that investors are starting to get long-term bullish on Ethereum.
Deribit reports investors are buying long-term Ethereum calls
In derivatives exchange Deribit’s latest weekly report, it was revealed that there have recently been “structural changes in [the] options market” for Bitcoin and Ethereum.
The company noted that along with trading volumes rising, there has also been an influx in “long-term call buying” with ETH.
Call options, as Investopedia describes, are financial contracts that “give the buyer the right, but not the obligation” to buy the asset “at a specified price within a specific…
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