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TechFlow reports on October 9 that Deribit's Asia-Pacific business representative disclosed today a trader bought call options for 1,500 ETH at $402,000, with a strike price of $3,000 and an expiry date in March 2025. This trade indicates investor optimism regarding Ethereum's long-term outlook. The trade will become profitable if ETH's price exceeds $3,350 at expiration.
Deribit's Asia-Pacific business head revealed today that a trader purchased call options for 1,500 ETH at $402,000, with a strike price of $3,000 and an expiration date in March 2025. This trade indicates investor optimism regarding Ethereum's long-term outlook. The position will become profitable if ETH's price exceeds $3,350 at expiry.
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