[Cryptocurrency Options Block Daily Report] Biggest Block of the Weekend Positions traded: The largest options block over the weekend was 250 78,000Put expiring 1 April and 250 80,000Put expiring 1 April Strategy logic: betting on the market weakness after the March delivery will continue to fall, from the eve of the delivery of such naked puts operation is increasing, this weekend directly add 500 positions, spending nearly 300,000 in royalties Recommendation: the giant whale bets bearish and unprotected, this is a strong bearish signal, need to pay attention to the risk of market downturns Other Blocks There were fewer block trades over the weekend, with Other Blocks mainly focusing on post monthly delivery transfers, with Calendar Spreads and Vertical Spreads being the most popular combinations. Overall negative Delta and positive Theta dominate, with gradual decline being the prevailing market view, with ETH having a somewhat stronger bearish bias.