ETHEarnings: Largest ETH Bulk Option Sale of 2,250 ETH Signals Strategic Move Ahead of US Election

According to COINOTAG reports dated October 25, significant activity has been observed in the Ethereum options market. Data from Deribit indicates that a notable transaction occurred involving the sale of ETH $2,600 call options set to expire at the end of November, amounting to a total of 2,250 ETH. The transaction reflects the seller’s assessment of the implied volatility (IV) as elevated in the lead-up to the upcoming US elections, prompting this strategic move to capitalize on potential gains. Notably, should the ETH price remain beneath $2,750 at expiration, the seller stands to benefit from a currency-based income of approximately 6.25%. This highlights the growing sophistication in crypto options trading and investor strategies as market conditions evolve.