less but not the least....

The $2,700 price is a key level to watch ahead of the May 30 expiry at 08:00 AM UTC. With prices nearing the $2,700 strike price, a push from bulls above the level could send an extra $50 million worth of calls into profit.

However, increasing selling activity on the spot market could prevent such a scenario as investors are de-risking after the recent price rise from $2,500 to above $2,700. The selling pressure is visible across global exchanges, which have recorded three consecutive days of ETH exchange net inflows totaling 254,700 ETH on Thursday. Exchange net inflows indicate selling volume outweighs buying pressure