Deribit ETH options block buy 16,000 ETH of $3,100 put options this Friday
Lin Chen, the Asia-Pacific business director of Deribit, posted on X platform today that the largest ETH option contract was purchased by a large holder who paid a premium of $818,000 to buy 16,000 ETH put options at a strike price of $3,100 expiring on Friday (the day after tomorrow).
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