Deribit ETH block options sell $3,100 put options at the end of August and buy $2,400 put options, totaling 1,000 ETH
By:Cointime
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Lin Chen, the head of Deribit Asia-Pacific Business, posted on X platform today that a certain user sold 1,000 ETH put options for the end of August with a strike price of $3,100 and bought 1,000 ETH put options with a strike price of $2,400, earning a total premium of $456,000.
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