💲There is significant interest ($158.5 million) in Ethereum call options at a price of $4000 expiring in September, as reported by Deribit.
📉 Currently the second-largest cryptocurrency by market capitalization is trading at $3300, having lost 8.5% in the past week.
👀 Ethereum is facing challenges amid the broader crypto market downturn and rumors of imminent trading commencement of spot #exchange -traded funds (ETFs) based on the asset in the US.
🤔 #traders are likely interested in call options, anticipating the asset's price to rise in the coming months following the launch of an #ETH-ETF .