ETH block options on Deribit buys call and put options at $3,800 at the end of May

Odaily Odaily News Lin Chen, head of Asia Pacific business at Deribit, posted on the X platform that the largest ETH option today is: someone paid $2.665 million to buy a call option and a put option with an exercise price of $3,800 expiring at the end of May, totaling 6,125 ETH. It is speculated that if the SEC passes 19b-4 today, the market will rise sharply in the short term, and if it does not pass, it will definitely fall back. As long as the price is below $3,400 or above $4,200, it is profitable, standard against volatility.