A certain investor bought a call option for Ethereum at $3000 at the end of March and sold a call option at $4000 for the same period
PANews reported on February 21, according to Deribit's Asia-Pacific business head Lin Chen on platform X, an investor bought bullish options for ETH at $3000 by the end of March and sold the same period bullish options at $4000. The total amount was 3500 ETH with a premium payment of $382,000. Analysts believe this transaction is a reduction in position, that is, closing out the previous bear market bullish option spread. Recently, IV volatility plummeted sharply, shorting volatility to take profits.
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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MoreData: If ETH falls below $3,341, the cumulative long liquidation intensity on major CEXs will reach $1.155 billions
Data: In the past 24 hours, total liquidations across the network reached $235 million, with long positions liquidated for $95.18 million and short positions liquidated for $140 million.
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