Deribit reports a surge in demand for $140,000 call options, indicating strong bullish sentiment among traders as Ethereum options also show optimism.
Deribit has reported a notable increase in demand for $140,000 call options, with open contracts totaling $2.36 billion, reflecting heightened bullish sentiment among traders. Additionally, Ethereum options are demonstrating optimism, particularly with $4000 calls leading at $650.8 million in open contracts. Furthermore, 25% of ETH trading volume is concentrated on $3000-$4000 call options expiring on July 25, suggesting a growing demand for leverage as bullish confidence strengthens.