A trader places $1.5 million bet on Ethereum rising to $600 by March by onthehook8

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· @onthehook8 ·
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A trader places $1.5 million bet on Ethereum rising to $600 by March
![](https://cdn.steemitimages.com/DQmR345D24oHNAyvEnxv55Vd4VcwagLJDK3whMpWRuibLeu/image.png)

*The bet means that the trader, or group of traders, believes Ethereum will surge by more than 250% in the next six weeks.*

Interesting article about a trader betting that Ethereum will make a big move upward in the not so distant future. In my opinion the trader is going to lose that bet. This is why I like selling options do much, someone got paid to sell the trader those options, the odds are in the sellers favor......

Read the full story here.....
https://finance.yahoo.com/news/trader-places-1-5-million-170002279.html
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vote details (14)
@onthehook8 ·
Ethereum holding above the $220 level.....
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