A certain investor bought a call option for Ethereum at $3000 at the end of March and sold a call option at $4000 for the same period

PANews reported on February 21, according to Deribit's Asia-Pacific business head Lin Chen on platform X, an investor bought bullish options for ETH at $3000 by the end of March and sold the same period bullish options at $4000. The total amount was 3500 ETH with a premium payment of $382,000. Analysts believe this transaction is a reduction in position, that is, closing out the previous bear market bullish option spread. Recently, IV volatility plummeted sharply, shorting volatility to take profits.