Home > Quick > Body

Matrixport: Big 10% swings in derivatives market pricing in the coming week

clock
2025-03-31 08:46:07
Matrixport released today's chart showing that since reaching a high of $3,668 on January 7, 2025, Ethereum has fallen by 50%. The on-chain active level of the entire Ethereum ecosystem has slowed sharply, while weakening fundamentals and continued sluggish demand for ETH have made market sentiment significantly bearish.
With several key risk events looming, derivatives markets have started pricing in large swings of 10 per cent over the next week, regardless of direction. Notably, the price of Ethereum is edging closer to the lows seen during the FTX's bankruptcy. FTX is expected to start paying major creditors on May 30, 2025.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.