Ethereum Event Contract Implies 88% Odds ETH Tops $1,885 on July 26
Updated
Updated · robinhood.com · Jul 26
Ethereum Event Contract Implies 88% Odds ETH Tops $1,885 on July 26
3 articles · Updated · robinhood.com · Jul 26
Summary
ETH traded around $1,889.17 as the July 26 9 a.m. EDT event contract priced an 88-cent chance of Ethereum finishing at $1,885 or above.
The market assigned 33% odds to $1,890 or above, 3% to $1,895 or above and 1% to $1,900 or above, showing expectations clustered just below $1,890.
Settlement will use CF Benchmarks' Real Time Index, averaging 60 readings from the final minute before expiration, with payouts usually made within an hour.
The contract trades nearly 24 hours a day except Thursday 3 a.m. to 5 a.m. ET, while source-agency employees and holders of material non-public information are barred from trading.