Home > Quick > Body

$28 Million Ether Straddle Bets On Sharp Price Swing By July 24

clock
2026-07-17 07:32:14
A $28 million ether options trade is betting on a sharp move in ether price turbulence by July 24, with gains possible if ETH swings hard in either direction. According to CoinDesk, the 15,000-contract long straddle involved buying 7,500 calls and 7,500 puts at the $1,875 strike, with a premium of $852,000 and a maximum loss limited to that amount if ether stays range-bound.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.