# Coinbase Markets Flags About $589 Million in Ether Negative Gamma Near $1,980

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/55598
Published: 2026-11-12T15:56:05.000Z
Updated: 2026-11-12T15:56:05.000Z
Section: Investing

> The market makers’ hedging may add selling as Ether falls and buying as it rises, potentially reinforcing price moves.

Coinbase Markets flagged about $589 million in negative gamma exposure among Ether market makers near $1,980, a position that may shape hedging as the token moves around that level.

With negative gamma, market makers may add selling when Ether falls and buying when it rises. Those hedge flows can reinforce the move and may weaken support or resistance around $1,980.