#ETH Options Block Trades#

Recently, there have been large transactions in the ETH options market, the most notable of which is a bullish option trade worth $684,000. This transaction was conducted by an anonymous user on the Deribit platform, purchasing 5,000 ETH with a strike price of $3,350, expiring this Friday (January 24th). This indicates that the user is optimistic about the future trend of ETH, expecting ETH price to break through $3,350 before this Friday, thereby realizing profits. Currently, the ETH price is hovering around $3,250, with the DVOL volatility index at 73.4 and the greed index at 76, indicating that market sentiment is relatively optimistic. In addition, large transactions have also emerged in the BTC options market recently. One user purchased 925 BTC bullish options with a strike price of $105,000 at a price of $3,165,000, expiring at the end of January, while simultaneously selling bullish options expiring at the end of March with a strike price of $115,000. This suggests that the user expects BTC prices to break through $105,000 in the near future and reach $115,000 by the end of March, thus realizing profits. Overall, the large transactions in the recent ETH and BTC options markets indicate that the market is optimistic about the future trend of cryptocurrencies, expecting prices to continue to rise.