Deribit Block Options: A user purchased 5000 ETH worth of Ethereum put and call options for $2600 at the end of November

Odaily Planet Daily News: Lin Chen, the head of Deribit's Asia Pacific business, stated in an article on X that a user paid a premium of $1.769 million and purchased $2600 in put and call options at the end of November, totaling 5000 ETH. Analysis suggests that the user is likely anticipating significant market volatility in the weeks following the election, which could lead to significant market volatility.