Glassnode: ETH Short-Term Options Prices Surge Significantly in the Past 48 Hours
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On-chain analytics platform Glassnode has released data showing that ETH short-term options prices have surged significantly over the past 48 hours. Specifically, 1-week implied volatility (IV) rose from 65.2% to 79.0%, while 1-month IV increased from 66.4% to 72.1%. Analysts believe that this steepening of the volatility term structure reflects a growing demand for short-term protection or upside risk exposure in response to the potential for a rapid price breakout in ETH.
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