Put-to-Call Ratio Rises as Ethereum Options Market Sets New Record

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Despite a new record in the overall interest in ethereum (ETH) options trading seen yesterday, the market may be sending a signal that some ETH holders are hedging their bets on the second-most valuable cryptoasset.
The increasing hedging, which may perhaps stem from a nervous sentiment among traders, is evident from the rising put-to-call ratio in the ethereum options

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