{"id":561879,"date":"2020-05-31T18:56:45","date_gmt":"2020-05-31T16:56:45","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=561879"},"modified":"2020-05-31T18:56:45","modified_gmt":"2020-05-31T16:56:45","slug":"250-is-ethereums-new-resistance-zone-ahead-of-eth2-0","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/250-is-ethereums-new-resistance-zone-ahead-of-eth2-0\/","title":{"rendered":"$250 is Ethereum’s New Resistance Zone Ahead of ETH2.0"},"content":{"rendered":"
In summary:<\/strong><\/p>\n Traders and investors are very much pleased with Ethereum’s performance in the last week. The price of ETH has gained steadily from a value of around $200 on the 26th of May, to a local peak of $247 (Binance rate) witnessed earlier today. This translates to approximately 23.5% in price movement in less than a week.<\/p>\n The excitement surrounding the trading of Ethereum can be seen via a record volume of ETH options traded on the derivatives platform of Deribit. According to the team at Skew.com<\/a>, $20 Million in Ethereum options was notionally traded yesterday, May 30th. The team went on to share a more elaborate chart in the tweet below that provides a better visual cue of the increment in ETH options traded on Deribit since mid-April.<\/p>\n New record for ether options volume on Deribit: $20mln notional traded yesterday pic.twitter.com\/w6oSMuT8wO<\/a><\/p>\n — skew (@skewdotcom) May 31, 2020<\/a><\/p><\/blockquote>\n\n
Ethereum (ETH) Options on Deribit Experience Record Volumes<\/h2>\n
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