Deribit Asia Pacific Business Head: Deribit bought 1,000 ETH of large options on December 20, with a strike price of $3,650

2024-11-29 11:51:44
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ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on X that the largest ETH block options trade today was: a user purchased 1,000 ETH call options for December 20 at a strike price of 3650, paying a premium of approximately $225,000. This indicates that the user is quite optimistic about ETH experiencing an upward breakout in early December. Currently, ETH is oscillating around 3550, and a profit will be realized if the price is above 3900 at expiration.

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