The native token of Ethereum, Ether (Et)It continues its strong climb, prompting the activity that uprisings in the market-listed market, where entrepreneurs are making bullish bets further upside down.
Over the past 24 hours, entrepreneurs have spent more than $ 5 million in the $ 5,000 strike options that expired on September 26, each data monitored by Amberdata. Consumers bet on an ETH breakout of more than $ 5,000 at the end of this quarter. Like writing, Ether changed hands to $ 4,670, representing a 26% benefit for the month, according to CoinDesk data.
Businessmen also took the $ 5,500 and $ 6,000 strike calls and the bull called. The OTC tech platform Paradigm said in a telegram update that a market participant raised a December expiry call on a $ 7,500 strike.
According to analysts, there are many reversed ether, which not only caught not only Bitcoin but also XRP in setting record highs during this cycle.
“To all those who have been sorted from ETH and sentiment completely in the dumps, it remains plenty of room to catch ETH. The immediate targets are $ 5,000 (Breaking to ATH’s new territory) and around $ 7,200 (Provided mid-range ETH/BTC price of 0.06 with BTC around $ 120k)“Greg Magadini, director of derivatives in Amberrdata, said on a weekly note.
According to blockchain analytics firm Santiment, the price of ETH climbing is characterized by ongoing sale from retail businessmen.
“History prices have moved to the opposite of retail businessmen. There is an example of intense greed on June 16, 2025 and July 30, 2025, which led to price corrections. But entrepreneurs have shown FUD and disbelief as the owner produces higher and higher prices,” Santiment told X.
“In the main stakeholders who accumulate loose coins whose little $ businessman is willing to share today, prices show very little emotional resistance from destroying and making history in the near future,” the firm added.
ETH is now only 4.4% short at all times high $ 4,861 hit in November 2021. It was Peer, BTC, led the 2021 climax this March last year and rallyed six numbers since. Throughout this time, the ETH remained ranges between $ 2,000 and $ 4,000.
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