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Entity that spent $12M for 3.2-4.0k call spreads in May when ETH was trading at 2.5k, just TP-ed yesterday for $16M and then doubled-down using the full PNL to buy 4.0-6.0k and 5.0-7.0k Dec call spreads. ATH by year end?
9.8. klo 20.09
1) Not often I focus on ETH, but this is where the action is. Lock in:
Readers may recall Dec 3.2+3.5-6k Call spreads being bought mid-May at ETH 2500.
This guy returned, rolled 3.2+3.5k Calls to the 4k Strike, and with $16m premium spent it on Dec 4k-6k, and 5k-7k Call spreads.
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