A single dealer or a number of merchants purchased greater than 36,000 contracts of Deribit-listed ether put choice expiring on March 18, of which greater than 20,000 had been blocked on institution-focused over-the-counter tech platform Paradigm, in line with Swiss-based information monitoring agency Laevitas. The put choice consumers would earn a living if ether drops beneath $2,200 by March 18. That is a roughly 13% decline from the present market value of $2,514.
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