Sell 3450 US dollar call options for ETH bulk options on Deribit on August 2nd
PANews reported on July 18th that Lin Chen, the Head of Business for Deribit Asia-Pacific, posted on X platform stating that today's largest block option for ETH is a trader who received a premium of $500,000 and sold 2,500 ETH call options at $3,450 expiring on August 2nd. The trader may consider signs of "Sell The News" appearing next Tuesday after the spot ETF. Referring to BTC's situation, the market went through about two weeks of pullback and washout time.
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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