A large number of ETH options were sold at the end of May, including $3200 bullish and bearish options
Deribit's Asia-Pacific Business Head, Lin Chen, posted on platform X stating that a certain big player has earned $887,000 by selling 1500 ETH call and put options at $3200 due at the end of May. This implies that he believes ETH will neither surge nor plummet before the end of May.
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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