Bitcoin (BTC) $103,267.87 Fast climbing in the price once again revealed the attention of corporate investors. The leap in the option volume recently recorded in Deribit shows the search for long -term positions, especially by corporate investors. Investors support the expectation of new summits in the following months. Ethereum (ETH) in the same period $2,348.49 The increase in options demands on the front strengthened the optimistic atmosphere in the market.
Increase in corporate options demands in Deribit
Last week, 110,000 dollars of Strike priced June and July futures purchase options were strong interest. Corporates reflecting their expectations in the short term that the price will at least go to this level in the short term. Then, the end of September 140,000 dollars and the end of the year of 170,000 dollars of trading molding spreads were also traded at a remarkable level.
Deribit officials emphasized that long positions with May are shifted to July maturities. The intensity between both $ 110,000 and $ 115,000 brought the comments on the market “Higher Targets Preparation”. This mobility reveals that corporate actively review the risk management strategies of institutions.
Option positions for Ethereum are rising
In the last two days on the Ethereum front, more than 30 percent of the value of values drew attention. In Deribit, the increasing demand for June -term purchase options at $ 2,400 shows that investors trust ETH’s rise trend. In a longer term, positions for $ 2,600–2,800 were opened.
Technical Analysis indicates that Ethereum supports the price of the transaction volume and the increase in TVL after the pectra update. Corporates see this rise as an opportunity to diversify their strategies in the option market. The wavy progress of the general market conditions is cautious but optimistic.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.