On Deribit, a large volume of ETH call options were purchased for November 8th at $4000 each, totaling 4750 ETH
Deribit's Asia-Pacific Business Head, Lin Chen, posted on the X platform stating that today's largest ETH bulk option: a user purchased a $4,000 call option for November 8th (U.S. Election Day), totaling 4750 ETH and paid a premium of $417,000.
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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