An investor purchased a $2,200 put option at the end of March, totaling 10,000 ETH
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Planet Daily News: Lin, Deribit's Head of Business in Asia-Pacific, posted on X platform that today's largest ETH options trade is: an investor purchased 10,000 ETH put options with a strike price of $2,200 at the end of March, paying $1.249 million in premiums. Analysts believe this order is a position reduction, likely closing out previously sold put options and probably taking an early loss, estimated to buy ETH in the spot market to establish a position.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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