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Data: A user bought 6,000 ETH put options when ETH fell below $4,300 in the early morning
According to ChainCatcher, monitored by @ai_9684xtpa, a user bought 6,000 ETH September 6th expiry put options with a strike price of $4,250 (about $174,000) when ETH fell below $4,300 in the early morning. However, with less than half an hour left until expiration, ETH is still steady at $4,300, so there is a high probability of a loss.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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