Ether Has 1 in 5 Chance of Tapping $5K by End-June, DeFi Options Protocol Lyra Says

“Lyra options markets are implying a ~20% chance of ETH reaching $5,000 by June 28,” Nick Forster, Lyra’s founder and a former Wall Street options trader, told CoinDesk in an email. “There is a 20% chance of ETH moving above $5,500 by July 26, as traders have increased positioning post the ETF speculation.”

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• Source: https://www.coindesk.com/markets/2024/05/22/ether-has-1-in-5-chance-of-tapping-5k-by-end-june-defi-options-protocol-lyra-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines