Odaily Planet Daily News Lin Chen, head of Asia-Pacific business at Deribit, revealed in a post on X that a striking ETH block option transaction appeared in the market today. A user paid $139,000 to buy a $2,500 put option expiring at the end of October, and sold a $2,450 put option expiring on September 6 (next Friday), involving a total of 1,000 ETH.

This transaction shows that investors are cautious about the short-term price trend of ETH, but still have a certain confidence in the medium- and long-term trend. Although the crypto market is volatile, Bitcoin still shows strong resilience and has become a safe haven for many investors. 🚀

Keep paying attention to the blockchain industry trends and learn more about market trends!