An investor spent about $174,000 to buy ETH put options and may incur losses.
Foresight News reported, according to monitoring by @ai_9684xtpa, an investor purchased 6,000 ETH put options expiring on September 6 with a strike price of $4,250 when ETH fell below $4,300, with a total value of approximately $174,000. However, with less than half an hour remaining until expiration, the price of ETH is still stable above $4,300, so this option may incur a loss.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Barclays expects the FOMC to cut interest rates three times this year and twice more in 2026.
Edgen partners with Sahara AI to enhance the reliability of AI insights in the stock and crypto markets
Trending news
MoreCrypto prices
More
