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Option traders are also expecting a record in Ether: Target by the end of September...
Expectations have also risen for Ether, which began its long-awaited rise in July and managed to surpass many levels after 4 years. At the largest crypto options exchange, Deribit, the transaction value opened in the last 24 hours for Ether to surpass 5,000 dollars on September 26 exceeded 5 million dollars.
According to the information provided by Amberdata, investors also bought "call options" priced at $5500 and $6000. It was also observed in the Telegram account of the OTC platform Paradigm that some users are targeting a price of $7500.
"There is still a long way to go for Ether"
Greg Magadini, the manager responsible for derivative products at Amberdata, commented on the subject, stating that a target of 5,000 dollars could be aimed for in the short term, and 7,500 dollars in the medium term.
"Everyone was staying away from Ether. Because the market had fallen, Ether was quiet. It lagged behind Bitcoin and even XRP in reaching its peak. The ETH/BTC pair may rise above 0.06. Ether has remained so quiet that it still has a long way to go for a rise."
"It is usually the opposite of what the small investor does"
The blockchain analytics firm Santiment stated in its analysis regarding the rise of Ether, "Usually, the opposite of what small investors do happens. There was a significant appetite at the end of June, and a correction occurred during that time. Whenever small investors stop believing, that’s when we see the rise of Ether starting in July."
At the time the news was written, Ether is trading at around 4700 dollars.
Published: August 13, 2025 13:39Last Updated: August 13, 2025 13:45