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.
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