Glassnode: The price of short-term Ethereum options has surged significantly in the past 48 hours

ChainCatcher news, on-chain analytics platform Glassnode released data showing that in the past 48 hours, the prices of ETH short-term options have surged significantly, with the 1-week IV rising from 65.2% to 79.0%, and the 1-month IV increasing from 66.4% to 72.1%.

Analysis suggests that this steepening volatility term structure reflects a growing demand for short-term protection or exposure to upside risks due to the recent price surge of ETH.