An unidentified whale has made a large $250 million Ethereum (ETH) trade, using complex options trading strategies such as calendar spreads and risk reversals. These strategies suggest that experienced investors are involved and could indicate an expectation of both an increase in Ethereum’s price and volatility. This activity may indicate a bullish sign and suggest a significant price movement in the near future. The opinions expressed in the article are the writer’s own and do not represent those of U.Today. Trading cryptocurrencies involves risk, and readers are encouraged to conduct their own research before making investment decisions.
AI Sentiment: Positive