According to Golden Finance, the well-known Research institution Trend Research released an important statement on the X platform, clearly expressing its firm optimism about Ethereum. To put this view into practice, the institution has purchased 61,000 bullish Ethereum options on the cryptocurrency options trading platform Deribit.
This move has drawn widespread attention from the cryptocurrency market. Deribit, as a globally renowned crypto options trading platform, its trading data is often regarded as an important barometer of market sentiment. Trend Research’s large-scale purchase of bullish options on Ethereum this time undoubtedly sends a strong bullish signal to the market, demonstrating the institution’s high optimism about the future price trend of Ethereum.
Market participants will closely monitor the possible impact of this behavior on the market price of Ethereum and the overall market sentiment.
Related Topics:
