Ethereum (ETH) options positioning remained tilted toward the upside even as overall open interest slipped slightly, with the market’s most active short-dated flow clustering around the $2,500 call strike—an indication that traders are still leaning into near-term ‘bullish bets’. As of May 28 at 00:00 UTC, data compiled by Coinglass showed total Ethereum options open interest (OI) at roughly $6.888 billion, down about 1.03% from the prior day’s $6.96 billion.
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