Speculators are placing substantial wagers, forecasting a surge in Ethereum’s valuation, potentially reaching $2,000. More than $130 million has been allocated to options agreements on Deribit, a widely-used digital asset derivatives platform, in anticipation of this price increase.
This suggests some backers utilize arbitrage approaches for taking advantage of Ethereum’s value variations. They are fundamentally wagering on each front – gambling versus Ethereum’s upcoming worth through futures agreements while concurrently obtaining ETF equities. This enables them to possibly gain whether the cost surges or plummets.
TruBit Collaborates with Morpho to Introduce DeFi Unearned Revenue in Latin America
