$1.714 million gamble! Mysterious buyer places a big bet, aiming for ETH to break $4000 by year-end!
On November 13, Lin Chen, head of Deribit's Asia-Pacific business, revealed that a mysterious investor spent $1.714 million to purchase ETH call options with a strike price of $3800, totaling 10,000 ETH. This means the investor is optimistic that ETH will rise above $4000 before the end of the year—if achieved, this operation will yield considerable profits. Currently, the ETH price has rebounded to $3300, getting closer to the target. The market is gradually gaining momentum; will the ETH trend at year-end bring unexpected surprises?
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