On Deribit, ETH bulk options sold put options at $3100 for the end of August and bought put options at $2400
Lin Chen, the head of Deribit Asia Pacific business, posted on platform X stating that today's largest ETH block option was sold by a user. The user sold put options at $3100 for the end of August and bought put options at $2400, totaling 1000 ETH, with an income from premiums amounting to $456,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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