A whale bet $2 million on ETH to rise above $3,400 by the end of the month

PANews reported on June 6 that according to CoinDesk, a trader bought 61,000 ETH call options expiring at the end of June on Deribit for more than $2 million, with strike prices of $3,200 and $3,400, betting that ETH would rise by more than 30% in three weeks. Currently, the market is expecting an increase in Pectra upgrades, companies buying ETH as reserve assets, and Ethereum spot ETFs with pledge mechanisms, which has boosted bullish sentiment.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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