ETH Sees $3.3B Options Expiry, Institutional Inflows and ETF News Drive Volatility

Ethereum (ETH) experienced moderate price fluctuations over the past 24 hours, with the current price around $2,511.74 and a 24-hour trading volume of $6.81 billion. The market saw a slight increase of 1.21% from the previous close, with the price ranging between $2,456.87 and $2,522.62 and a market capitalization of $303.02 billion.

The recent price movements are attributed to a combination of technical and fundamental factors. Over $3.3 billion in Ethereum and Bitcoin options expired on May 17, 2025, contributing to increased volatility. Institutional interest remains strong, as evidenced by the addition of over 450,000 ETH by large holders in the past month and net inflows of $41.8 million into ETH ETFs. Technical analysis shows Ethereum is trading near key support and resistance levels, with the Relative Strength Index at 43.66 indicating slightly bearish momentum but not an oversold market. Broader sentiment is cautious yet opportunity-driven, with investors monitoring consolidation and potential breakout or breakdown scenarios. Ongoing network enhancements and the recent approval of Ethereum-based ETFs continue to bolster long-term confidence and liquidity in the market.