Unprecedented Whale Activity in Long-Term Options Signals a Market Surge.
In an astonishing turn of events within the cryptocurrency options market, significant trading activity involving Ethereum (ETH) options has taken place in the past hour, attracting attention from investors and experts alike. This whirlwind of activity centers on a complex strategy known as a diagonal spread, with 4,500 sets of sell ETH-28JUN24-4000-C and buy ETH-29MAR24-1900-C…