ChainCatcher message, Lin Chen, the head of Deribit Asia Pacific business, revealed an eye-catching ETH block options trade on X: a user splurged $225,000 to purchase a call option with a strike price of $4,000 expiring on January 10 next year, totaling 3,730 ETH.

Analysis indicates that this user is clearly optimistic about the future trend of ETH, as they would profit if the price exceeds $4,020 at the time of delivery. However, due to last night being Christmas, market liquidity was low, and volatility remains high. Currently, the DVOL volatility index is 73.6, and the ETH/BTC exchange rate is 0.0351.📈💡

In such a market environment, investors need to remain cautious and closely monitor market dynamics.