加密交易者押注以太幣

上週，Block Traders，通常是機構和大型參與者，在Ether上執行了公牛通話，購買了3,500美元的電話選項

Crypto traders are betting big on ether, with recent activity in the over-the-counter market suggesting a strong expectation of a bullish move to $6,000 by the end of the year.

加密貨幣交易員在以太幣上押注，最近在非處方市場的活動表明，到今年年底，對看漲的行動升至6,000美元。

Specifically, last week, block traders, typically institutions and large players, executed bull call spreads on ether, purchasing the $3,500 call options while simultaneously shorting an equal number of calls at the $6,000 strike, both set to expire on Dec. 26.

具體而言，上週，街區交易者（通常是機構和大型參與者）在以太幣上執行了公牛電話，購買了3,500美元的電話選項，同時在6,000美元的罷工中同時縮短了相等數量的電話，這兩次都定於12月26日到期。

The traders executed the strategy via over-the-counter platform Paradigm, which was later listed on crypto exchange Deribit. They executed 30,000 contracts of the $3,500/$6,000 call spreads across 10 separate trades, spending just over $7 million in initial debt/cost.

交易者通過非處方平台範式執行了該策略，後來在加密交易所deribit上列出了該策略。他們在10個單獨的交易中籤訂了30,000個合同，分別是$ 3,500/6,000美元的電話差價，在初始債務/成本上支出了超過700萬美元。

The strategy will yield the highest profit if ether rises to or beyond $6,000 by Dec. 26. On Paradigm and Deribit, one options contract represents one ETH.

如果以太幣在12月26日之前上漲或超過6,000美元，則該策略將獲得最高的利潤。在範式和deribit上，一種期權合約代表一個ETH。

At the minimum, the large volume of the $3,500/$6,000 call spreads signals a preference for the price to move higher, and potentially a strong expectation of a bullish move to $6,000 by the end of the year. As of writing, ether changed hands at $2,510, according to CoinDesk data.

至少，大量$ 3,500/6,000美元的電話傳播的銷量標誌著價格更高的偏好，並且可能會在年底之前向看漲行動提高到6,000美元。根據Coindesk的數據，截至寫作時，Ether以2,510美元的價格易手。

Now, if ETH stays below $3,600, the strategy will expire worthless, limiting the loss to the initial cost of $7 million. Another downside of this strategy is that traders stand to lose out on potential upside above $6,000 due to the short position at that strike level.

現在，如果ETH保持在3,600美元以下，該策略將到期毫無價值，將損失限制在700萬美元的初始成本。該策略的另一個缺點是，由於該罷工水平的職位較短，交易者將在潛在的上漲空間上損失超過6,000美元。

Ether's price has risen over 80% to $2,500 since early April, when the broader market panic saw ETH hit a low of around $1,390 on several exchanges.

自4月初以來，以太價格上漲了80％以上，至2500美元，當時更廣泛的市場恐慌看到ETH在幾次交易所中的低點達到了1,390美元左右。

Magadini said there is no reason to call tops in ETH right now.

馬加迪尼說，現在沒有理由在ETH中呼叫上衣。

"I continue to like these upside trades, especially for the beat-up Ethereum, as risk assets continue to rally. There's a good argument for ETH "catching-up" as spot ETFs with staking rewards could be a catalyst for institutional participation and sentiment turns around. No reason to be calling tops right now," Magadini said.

Magadini說：“隨著風險資產的繼續集會，我繼續喜歡這些上行交易，尤其是對於毆打的以太坊。