CoinVoice has recently learned that Lin Chen, the Head of Business for Deribit Asia-Pacific, stated in a post on X that the largest ETH block option trade today was: a user paid 476,000 USD to purchase a call option for 3,400 USD expiring on January 3rd of next year (next Friday), totaling 4,500 ETH.
The user is bullish; if the price at delivery is greater than 3,500, they will profit. The current ETH price is fluctuating around 3,400, the DVOL volatility index is 75.17, and the Greed Index is 74 (Greed), with an ETH/BTC exchange rate of 0.035. [Original link]