2 key Ethereum derivatives metrics suggest that $880 was ETH’s bottom


$ 115,522.0
€ 98,731.3
¥ 38,800.0
£ 85,162.3
BTC
-2.24 %
$ 4,339.50
€ 3,707.75
¥ 1,457.20
£ 3,199.16
ETH
-3.29 %
$ 270.85
€ 231.50
¥ 94.40
£ 207.20
XMR
3.55 %
$ 116.69
€ 99.76
¥ 39.19
£ 86.02
LTC
-4.24 %

Data shows Ethereum options traders are less bearish that before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH.