Ether Traders May Be Hedging Against DeFi Slowdown: Analyst

Ether Traders May Be Hedging Against DeFi Slowdown: Analyst

(Javier Crespo/Shutterstock)

Options market data shows increased activity in (ETH) puts, or bearish bets. According to one trader, that reflects fears of a drop in prices led by a slump in decentralized finance (DeFi).

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