Lin Chen: The largest ETH options bulk sell on Deribit today is selling the put option at $4000 by the end of April and buying the call option at $5000
ChainCatcher message, Deribit Asia-Pacific business director Lin Chen posted on X platform that the largest options transactions for ETH today are as follows:
1. Sold 4,000 ETH put options at $4,000 by the end of March, generating $830,000 in revenue, indicating a bullish view on ETH and willing to buy spot at $4,000 U;
2. Sold put options at $4,000 by the end of April while buying call options at $5,000 for a total of 4,500 ETH and earning $725,000 in revenue; also indicating a bullish view.
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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