PANews reported on July 21 that Lin Chen, head of Asia Pacific business at Deribit, posted on the X platform that the largest Ethereum option today was sold by an investor for a call option of $3,600 at the end of August, totaling 7,750 ETH, and received a premium of $2.318 million. Analysts believe that the investor holds a large amount of spot ETH for covered calls, or believes that ETH will rise before the end of August but will not exceed 3,900 (break-even point), and the currency-based return is 8.3% (annualized 75.73%).