Wu Blockchain reports that Laevitas tweeted that ETH implied volatility has been steadily declining across the entire term structure. The 1-week tenor has dropped back to levels seen in mid-January, while other tenors ranging from 1 month to 365 days are at their lowest levels since late January. Previously, ETH implied volatility had spiked due to the re-closure of the Hormuz Strait and escalating tensions in the Middle East. Since then, volatility has been consistently compressed along the curve, with the 1-week tenor down approximately 24 volatility points from its April peak, and the 1-month tenor down about 11 volatility points. https://(wublock123.com)/news/laevitas-eth-implied-volatility-declines-60312