Over the past two months, the open interest on Ether (ETH) options increased by 50% to reach $3.1 billion, with ETH price gaining 44% in that time period. Ether's price appreciation and the rising options open interest has resulted in a potentially historic $1.15 billion expiry set for March 26.
Most exchanges offer monthly exposures, although a few also hold weekly options for short-term contracts. February faced the most significant expiry on record, with $630 million worth of options contracts, and this figure represented 23% of all the open interest at that time.
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