【Hot Blockchain】Hello everyone! Today I will share with you a story about a large ETH option transaction. According to data released by Deribit officials, a mysterious user bought a $3,500 call option at the end of September and sold a $4,500 call option at the same time, totaling 2,250 ETH, spending $661,000 in premium. 😮

Analysts speculate that this user may be betting on the August spot ETF, reducing costs and raising leverage by buying bull spreads. As long as the expiration price is greater than $3,800 by the end of September, the transaction will be profitable.

Does this operation make you feel the charm of the blockchain market? This is why we love blockchain, it is full of infinite possibilities and surprises. What do you think of this market? Feel free to speak in the comment area, let us discuss the future of blockchain together!