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TechFlow reports that on January 26, Lin Chen, APAC Business Lead at Deribit, posted on X stating that today's largest ETH options block trade involved a user paying a premium of $456,000 to buy put options at $3,400 for end-February expiry while simultaneously selling call options at $3,800 for the same expiry, totaling 4,000 ETH on one side.
Today's largest ETH options trade: A user paid a premium of $456,000 to buy 3,400 put options and sell 3,800 call options at the end of February, totaling 4,000 ETH on one side.
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