Deribit: Today's BTC and ETH largest block trades are call options
According to the data disclosed by Lin Chen, head of Asia Pacific commerce at Deribit, on the X platform, the largest block trades of BTC and ETH on Deribit today are call options. Specifically:
BTC: a user income 3.165 million dollars, buy the end of January 105,000 call options, while selling the end of March 115,000 call options, unilateral total of 925 BTC, the operation is bullish, and the user expects the near future price will break through, and the end of March can 115,000 take profit.
ETH: A user paid $684,000 to buy a call option that expires on January 24th (this Friday) at $3,350, a total of 5,000 ETH, and the operation is bullish. If the price is greater than $3,500 at delivery, it is profitable. The current ETH price hovers around 3250, the DVOL Volatility Index is 73.4, the Greed Index is 76 (Greedy), and the ETH/BTC exchange rate is 0.0320.