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TechFlow reported on November 13 that Lin Chen, Head of APAC Business at Deribit, said a user paid $1.714 million to purchase call options for 10,000 ETH with an exercise price of $3,800 at year-end. Currently, the ETH price has rebounded to around $3,300. If the price exceeds $4,000 at expiration, the investor will realize a profit.
Lin Chen, Head of Asia-Pacific Business at Deribit, said that a user paid $1.714 million to purchase call options with a strike price of $3,800 expiring at year-end, totaling 10,000 ETH. Currently, ETH prices have rebounded to around $3,300; if the price exceeds $4,000 at expiry, the investor will realize a profit.
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