On Deribit, 1000 ETH bulk options were purchased for a December 20th $3650 call option
Bitget2024/11/29 04:48
Deribit's Asia-Pacific business head, Lin Chen, posted on X stating that today's largest ETH bulk options trade was: a user purchased a bullish option for December 20th at 3650, totaling 1000 ETH, and paid about $225,000 in premiums. This indicates that the user is still optimistic that ETH can make an upward breakthrough in early December. Currently, ETH has been fluctuating around 3550 and will be profitable if the price exceeds 3900 at maturity.
0
0
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.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$95,909.83
+0.40%
Ethereum
ETH
$3,563.33
-1.52%
Tether USDt
USDT
$1
-0.04%
Solana
SOL
$238.61
-0.01%
BNB
BNB
$653.51
-0.00%
XRP
XRP
$1.6
+9.16%
Dogecoin
DOGE
$0.4030
-0.52%
USDC
USDC
$1.0000
+0.00%
Cardano
ADA
$1.05
+4.62%
Avalanche
AVAX
$43.28
+0.79%
Bitget pre-market
Buy or sell coins before they are listed, including ME, XION, OGC, USUAL, and more.
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now