Deribit large options data: A user bought 5,000 ETH of call options at $3,200 expiring at the end of August

ChainCatcher news, according to data released by the Head of Asia Pacific Business at Deribit: a certain user purchased 5,000 ETH of call options with a strike price of $3,200 expiring at the end of August, paying a premium of $1.43 million.

It indicates that this options user believes the recent approval of a spot ETF will boost market sentiment and drive prices up, profiting if the price exceeds $3,500 at expiration. The current market consensus is that the Ethereum spot ETF may be approved as early as this week.