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The Ether Trade That Made the Most Noise Last Week

A so-called whale placed a large buy order for bearish put options tied to ether, seeking protection against an extended price slide to below $400 by the end of June.

An order for bearish options on ether caught market participants' attention. (선인장 mustachescactus/Unsplash)
An order for bearish options on ether caught market participants' attention. (선인장 mustachescactus/Unsplash)