ETH options OI falls to $5.82 billion as $2,250 put leads volume

ETH options open interest fell 3.48% to $5.82 billion, with calls holding 60.47% of OI. The $2,250 put expiring Oct. 11 on Bybit led 24-hour volume, indicating bearish sentiment among traders. The decline in OI suggests reduced positioning ahead of the expiry, potentially leading to increased volatility in ETH price.