The Biggest ETH Options Transaction: $11.848 Milli

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Blockchain enthusiasts, listen up! I have big news to tell you recently! According to the Odaily Planet Daily report, Lin Chen, the head of Asia-Pacific business of Deribit, revealed on the X platform that someone spent US$11.848 million to purchase ETH options that expired at the end of April! This is currently the largest ETH options transaction!

The mystery buyer chose the $3,600-$4,600 bull spread (buying the $3,600 call while selling the $4,600 call). It seems that this boss is confident about the future of Bitcoin!

Although we remain neutral on the market, such transactions undoubtedly bring more attention and expectations to Bitcoin. Let's wait and see if this big guy's gamble can come true!

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