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Traders close long positions on Ethereum even after the expira | DeFi - news, reviews, articles

Traders close long positions on Ethereum even after the expiration of today's $ 1.15 billion options.

The chart above shows the dynamics of the reduction of long positions on the main exchanges.

The expiration of the $ 1.15 billion options in the early hours of March 26 could have put pressure on the ether price. But the continued rise in gas charges for Ethereum transactions likely played a role.

What does the option expiration date mean?
The day on which the right to buy or sell a security under an option contract ends.

Contrary to this, Efir has grown by 10% since the last fall and costs $ 1695