In accordance with AiCoin, Ethereum (ETH) is currently trading around 2930 USDT, nearing the 3000 USDT psychological level amid heightened volatility. The market is influenced by the aftermath of a $6 billion options expiry and ongoing hedging activities by market makers. Institutional whales have added over 800,000 ETH in the past 30 days, while retail investors remain cautious. AiCoin's live session at 9 PM will analyze the 3000 USDT breakout potential, options impact, and trading strategies.
ETH Approaches 3000 USDT as Options Expiry and Whale Activity Intensify
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Summary
Ethereum (ETH) is trading near 2930 USDT, close to the 3000 USDT level as the options market sees heavy activity. A $6 billion options expiry and hedging by market makers are fueling volatility. Whale activity has seen over 800,000 ETH added in 30 days, while retail remains on the sidelines. AiCoin’s 9 PM live session will cover the 3000 USDT breakout, options market impact, and strategy.
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