Ethereum Bulls Dominate $5 Billion Options Expiry as ETH Price Targets $5,000

- $5B in ETH options expire Friday, with bulls dominating after a 22% August rally.
- Most bearish bets under $4,600 are worthless, leaving calls in control.
- Expiry could give ETH momentum toward $5,000, depending on market sentiment.
The stage is set for one of Ethereum’s biggest moments this month—Friday’s $5 billion options expiry. After a sharp 22% rally in August, bullish strategies now dominate the board, leaving bearish traders scrambling. Most short bets were stacked under $4,600, but Ether has pushed higher, catching bears off guard. With momentum leaning toward the bulls, this expiry could become the catalyst that drives ETH closer to the long-awaited $5,000 mark.
Why Bearish Ethereum Options Strategies Failed in August Rally
Bears weren’t ready for ETH’s August breakout. Most of their positions sat at $4,000 or below, and even after rejection at $4,800, the bullish side still has the upper hand. Data from Deribit, which controls 65% of ETH’s options market, shows only 6% of put contracts were set at $4,600 or higher. This leaves bearish plays largely worthless while bullish calls dominate, particularly between $4,400 and $4,600.
Ethereum Options Data Shows Bulls Set for Major Gains
Looking at Deribit’s data, the numbers are striking:
- $4,050–$4,350: $560M advantage for calls
- $4,350–$4,550: $915M advantage for calls
- $4,550–$4,850: $1.35B advantage for calls
- $4,850–$5,200: $1.8B advantage for calls
Even if ETH dips toward $4,400, bulls are set to walk away satisfied. And if Ethereum keeps testing $4,800 and beyond, Friday’s expiry could give it the momentum to crack the $5,000 barrier.
Ethereum Price Prediction: What Happens After Options Expiry?
The expiry itself doesn’t guarantee a breakout, but it does set the stage. Much of the next leg depends on trader sentiment around Nvidia’s earnings report and how broader markets react. Given ETH’s close correlation to stocks, a strong tech rally could act as fuel for a crypto push. On the other hand, renewed global growth concerns could slow momentum.
The post Ethereum Bulls Dominate $5 Billion Options Expiry as ETH Price Targets $5,000 first appeared on BlockNews.
Ethereum Bulls Dominate $5 Billion Options Expiry as ETH Price Targets $5,000

- $5B in ETH options expire Friday, with bulls dominating after a 22% August rally.
- Most bearish bets under $4,600 are worthless, leaving calls in control.
- Expiry could give ETH momentum toward $5,000, depending on market sentiment.
The stage is set for one of Ethereum’s biggest moments this month—Friday’s $5 billion options expiry. After a sharp 22% rally in August, bullish strategies now dominate the board, leaving bearish traders scrambling. Most short bets were stacked under $4,600, but Ether has pushed higher, catching bears off guard. With momentum leaning toward the bulls, this expiry could become the catalyst that drives ETH closer to the long-awaited $5,000 mark.
Why Bearish Ethereum Options Strategies Failed in August Rally
Bears weren’t ready for ETH’s August breakout. Most of their positions sat at $4,000 or below, and even after rejection at $4,800, the bullish side still has the upper hand. Data from Deribit, which controls 65% of ETH’s options market, shows only 6% of put contracts were set at $4,600 or higher. This leaves bearish plays largely worthless while bullish calls dominate, particularly between $4,400 and $4,600.
Ethereum Options Data Shows Bulls Set for Major Gains
Looking at Deribit’s data, the numbers are striking:
- $4,050–$4,350: $560M advantage for calls
- $4,350–$4,550: $915M advantage for calls
- $4,550–$4,850: $1.35B advantage for calls
- $4,850–$5,200: $1.8B advantage for calls
Even if ETH dips toward $4,400, bulls are set to walk away satisfied. And if Ethereum keeps testing $4,800 and beyond, Friday’s expiry could give it the momentum to crack the $5,000 barrier.
Ethereum Price Prediction: What Happens After Options Expiry?
The expiry itself doesn’t guarantee a breakout, but it does set the stage. Much of the next leg depends on trader sentiment around Nvidia’s earnings report and how broader markets react. Given ETH’s close correlation to stocks, a strong tech rally could act as fuel for a crypto push. On the other hand, renewed global growth concerns could slow momentum.
The post Ethereum Bulls Dominate $5 Billion Options Expiry as ETH Price Targets $5,000 first appeared on BlockNews.