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Ether's $3K Breakout Partly Fueled by Dealer Hedging, Analyst Says

Options dealers likely bought ETH in spot/futures market to hedge their short positions in call options, adding to bullish momentum, BloFin's Griffin Ardern said.

By Omkar Godbole|Edited by Parikshit Mishra

Updated Mar 8, 2024, 9:58 p.m. Published Feb 22, 2024, 1:35 p.m.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay)