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Deribit ETH block options sell $3,100 put options at the end of August and buy $2,400 put options, totaling 1,000 ETH

Deribit ETH block options sell $3,100 put options at the end of August and buy $2,400 put options, totaling 1,000 ETH

CointimeCointime2024/08/10 03:48
By:Cointime

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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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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