Deribit large options data: A user bought a put option with a strike price of 60,000 expiring at the end of October and sold a put option with a strike price of 64,000

ChainCatcher news, Lin Chen, the head of Deribit Asia-Pacific business, stated on social media that the largest ETH block options today are: a certain user bought 60,000 put options expiring at the end of October and sold 64,000 put options, totaling 257 BTC, with a premium income of 510,000 USD.

Lin Chen mentioned that if the price of the coin is 62,000 at the end of October, it will be profitable, with a coin-based income of 10.75%. Last night, it was reported that 30,000 BTC were transferred to Binance (actually 130,000 BTC), causing noticeable panic in the market, but the US stock market performed well, so from a macro perspective, the risks are controllable.