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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
1️⃣ #ETH Hits 4800# | Market Analysis & Prediction: Boldly share your ETH predictions to showcase your insights! 10 lucky users will split a 0.1 ETH prize!
Details 👉 https://www.gate.com/post/status/12322612
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The largest Block Trading of Options over the weekend has released a clear bearish signal.
According to Wu, as reported by Greeks live, the largest Block Trading of Options over the weekend involved 250 contracts of 78,000 Put and 250 contracts of 80,000 Put expiring on April 1, totaling nearly 500 contracts, with a premium expenditure of about $300,000. The Whale is betting on a weak pullback in the market after March Delivery without protective measures, sending out clear bearish signals. In addition, other Block Trading mainly focuses on rebalancing after monthly Delivery, leaning towards negative Delta and positive Theta, with a slight dominance of bearish sentiment. ETH is also facing pullback expectations.