Deribit Block Options: A user bought Ethereum put and call options at $2,600 at the end of November, totaling 5,000 ETH

Odaily News Lin Chen, head of Asia Pacific business at Deribit, said in a post on X that a user paid a premium of $1.769 million to purchase a put option and a call option at $2,600 at the end of November, totaling 5,000 ETH. Analysts believe that the user is likely to expect the market to fluctuate significantly in the weeks after the election, which may bring about a large shock.