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Wayne Jones

Ethereum Options Worth $730M Expire as Price Slides for Third Straight Month

Ethereum saw 228,000 ETH options contracts valued at approximately $730 million expire with a maximum pain point at $3,475, Greeks.live data show. The expiry marks the cryptocurrency's third consecutive monthly decline as implied volatility for major contracts surged above 70%. The event coincided with $3.95 billion in Bitcoin options also reaching maturity, pushing both assets lower and shifting market sentiment to bearish territory.
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