Bulk purchase of ETH options on Deribit for $4000 bullish options due on January 10th next year, totaling 3730 ETH
The head of Deribit Asia Pacific business, Lin Chen, posted on X stating that today's largest ETH block option trade was: a user paid $225,000 to purchase call options with an exercise price of $4000 for January 10 next year, totaling 3730 ETH. Analysis points out that this user is bullish and long. If the price at delivery time is >$4020, it will be profitable. Due to last night being Christmas Eve and liquidity being low, market volatility remains high; the current DVOL volatility index is 73.6 and the ETH/BTC exchange rate is 0.0351.
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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