Deribit ETH Block Options Sell May 24th $2950 Call and Put Options

Odaily News Lin Chen, head of Asia-Pacific business at Deribit, posted on the X platform that the largest ETH option today: someone earned $253,000 in premiums and sold a total of 1,000 ETH for a call option and a put option at $2,950 on May 24 (expiration strike price). It is speculated that this person believes that the price will not break through or fall sharply before the end of May, and will continue to fluctuate around $2,950.