TechFlow reported on January 2 that according to Lin Chen, Head of APAC Business at Deribit, the largest Ethereum block options trade today involved a user buying a call option for 5,000 USD at the end of March next year and selling a同期 call option for 6,000 USD, totaling 4,250 ETH on one side, with a premium payment of 262,000 USD.
The user is bullish on the long-term outlook after the Lunar New Year and has adopted a bull spread strategy—buying and selling calls simultaneously—to gain leveraged upside exposure while controlling costs. The position becomes profitable if ETH's price exceeds 5,050 USD at expiry.




