Sold 7,750 ETH of Ethereum large options on Deribit for the 3,600 USD call option at the end of August

ChainCatcher news, Lin Chen, the Head of Asia Pacific Business at Deribit, posted on platform X that today the largest block options for Ethereum were sold to an investor for a call option at $3600 at the end of August, totaling 7750 ETH, receiving a premium of $2.318 million. Analysts believe that the investor holds a large amount of spot ETH for covered calls, or they think that ETH will rise before the end of August but will not exceed $3900 (the breakeven point), with a coin-based return of 8.3% (annualized 75.73%).