An investor purchased a $2,200 put option at the end of March, totaling 10,000 ETH

Odaily Planet Daily News: Lin, head of Asia Pacific business at Deribit, posted on the X platform that the largest ETH option today is: an investor purchased a put option at $2,200 at the end of March, totaling 10,000 ETH, and paid a premium of $1.249 million. Analysts believe that this order is to reduce positions, that is, to close the previously sold put options. There is a high probability that the options will stop loss in advance, and it is estimated that ETH will be bought in the spot market to open positions.