[Ether Options Daily] Open interest $6.2763 billion... $2,150 put option leads in trading volume

Ethereum options open interest fell 3.87% to $6.21 billion from $6.46 billion the prior day, with total 24-hour options volume at roughly $2.23 billion, according to CoinGlass data as of 9:50 a.m. on the 6th. Open interest composition stood at 60.00% calls and 40.00% puts, signaling that medium-term positioning remains skewed bullish, while the daily flow flipped defensive with puts at 55.76% of volume versus 44.24% for calls. The $2,150 put led trading volume, underscoring short-term hedging demand even as the overall book leans toward upside exposure. The divergence between a call-heavy open interest base and put-heavy daily turnover points to traders defending against near-term downside while holding longer-dated bullish bets. Watch whether the shrinking open interest continues and whether put volume persists, which would indicate growing caution around the $2,150 strike.