According to TechFlow, Lin Chen, head of Asia-Pacific business at Deribit, said that in today's largest BTC block options transaction, an investor paid a premium of US$302,000 to purchase a put option at US$54,000 at the end of July, totaling 310 BTC.

This transaction shows the recent bearish market sentiment, which may be due to concerns that the CPI inflation data released at 8:30 tonight will be too high, resulting in a delay in expected interest rate cuts and causing market panic.