加密交易者押注以太币

上周，Block Traders，通常是机构和大型参与者，在Ether上执行了公牛通话，购买了3,500美元的电话选项

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.

加密货币交易员在以太币上押注，最近在非处方市场的活动表明，到今年年底，对看涨的行动升至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.

具体而言，上周，街区交易者（通常是机构和大型参与者）在以太币上执行了公牛电话，购买了3,500美元的电话选项，同时在6,000美元的罢工中同时缩短了相等数量的电话，这两次都定于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.

交易者通过非处方平台范式执行了该策略，后来在加密交易所deribit上列出了该策略。他们在10个单独的交易中签订了30,000个合同，分别是$ 3,500/6,000美元的电话差价，在初始债务/成本上支出了超过700万美元。

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.

如果以太币在12月26日之前上涨或超过6,000美元，则该策略将获得最高的利润。在范式和deribit上，一种期权合约代表一个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美元的电话传播的销量标志着价格更高的偏好，并且可能会在年底之前向看涨行动提高到6,000美元。根据Coindesk的数据，截至写作时，Ether以2,510美元的价格易手。

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.

现在，如果ETH保持在3,600美元以下，该策略将到期毫无价值，将损失限制在700万美元的初始成本。该策略的另一个缺点是，由于该罢工水平的职位较短，交易者将在潜在的上涨空间上损失超过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月初以来，以太价格上涨了80％以上，至2500美元，当时更广泛的市场恐慌看到ETH在几次交易所中的低点达到了1,390美元左右。

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

马加迪尼说，现在没有理由在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说：“随着风险资产的继续集会，我继续喜欢这些上行交易，尤其是对于殴打的以太坊。