On Deribit, sold 7750 ETH call options for August end with a strike price of $3600

PANews reported on July 21st that Lin Chen, the head of Deribit's Asia-Pacific business, stated on X platform that today the largest block option for Ethereum was sold to an investor for a call option at $3600 by the end of August. The total amount was 7750 ETH, and they received a premium of $2.318 million. Analysis suggests that the investor holds a large amount of spot ETH as collateral or believes that ETH will rise before the end of August but not exceed 3900 (the breakeven point), with a coin-based return reaching 8.3% (annualized at 75.73%).