For the first time in history, $ETH Options Open Interest at $6.6B has surpassed $BTC Open Interest at $4.8B. This appears to be a result of traders betting big with call options the Merge scheduled for mid-September.
![For the first time in history, <a href="https://twitter.com/search?q=%24ETH&src=cashtag_click">$ETH</a> Options Open Interest at $6.6B has surpassed <a href="https://twitter.com/search?q=%24BTC&src=cashtag_click">$BTC</a> Open Interest at $4.8B. This appears to be a result of traders betting big with call options the Merge scheduled for mid-September. 2 For the first time in history, $ETH Options Open Interest at $6.6B has surpassed $BTC Open Interest at $4.8B. This appears to be a result of traders betting big with call options the Merge scheduled for mid-September.](https://hsgfx.com/wp-content/uploads/2022/08/image-15.png?w=1024)
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