Crypto Whale Trades $150M in Ether (ETH) Call Options, Data Tracker Greeks.Live Shows

[adinserter block=”2″]

First Mover Asia: Large Bitcoin Holders Content to Hold Long Positions Amid Regulatory Turmoil

[ad_1]

The large flow was concentrated in the so-called out-of-the-money (OTM) calls at strike levels well above ether’s current market price of $1,633. Whales blocked over 40,000 contracts of ETH December expiry call at $2,200 and nearly 50,000 contracts of October expiry call at $2,000. A block trade is a large transaction negotiated over-the-counter of outside of the exchange’s order book to ensure minimum impact on the market price of the asset. Block traders are considered a proxy for institutional activity.

[ad_2]

Source link

[adinserter block=”2″]

Be the first to comment

Leave a Reply

Your email address will not be published.


*