Odaily星球日报讯 据 Greeks.live 分析师 Adam 发文，今天出现了历史上最大的一笔加密期权大宗成交，总名义面值高达 11.9 亿美元，价值 11350 个 BTC，光权利金就高达 750 万美元。 这一组大宗是有两部分组成，一部分是 9 月的 3800 组牛市价差，同时做多中远期的波动率和价格，另一部分是卖出 6 月平值看涨期权，这部分可以和 9 月买入组成日历价差，一鱼两吃，代表了对于短期并不看好。 简单来说这一笔近 12 亿美元的期权大宗，认为 6 月没什么涨幅，而三季度可能会有显著的大行情，甚至高达 50%的涨幅。 近期市场缺乏资金和热点，但长期看来各种利好还在持续释放，也与近期市场主流的想法一致。

Odaily星球日报讯 据 Greeks.live 分析师 Adam 发文，今天出现了历史上最大的一笔加密期权大宗成交，总名义面值高达 11.9 亿美元，价值 11350 个 BTC，光权利金就高达 750 万美元。这一组大宗是有两部分组成，一部分是 9 月的 3800 组牛市价差，同时做多中远期的波动率和价格，另一部分是卖出 6 月平值看涨期权，这部分可以和 9 月买入组成日历价差，一鱼两吃，代表了对于短期并不看好。简单来说这一笔近 12 亿美元的期权大宗，认为 6 月没什么涨幅，而三季度可能会有显著的大行情，甚至高达 50%的涨幅。近期市场缺乏资金和热点，但长期看来各种利好还在持续释放，也与近期市场主流的想法一致。

分析：期权市场认为6月涨幅较小，第三季度可能会有显著的大行情

<Odaily> Planet Daily News: According to the analyst Adam from Greeks.live, the largest crypto options block trade in history occurred today, with a total nominal value of $1.19 billion, worth 11,350 BTC, and option premiums reaching as high as $7.5 million. This block trade consists of two parts: one part is a September 3800 bullish spread, simultaneously going long on mid-to-long-term volatility and price, and the other part involves selling June at-the-money call options, which can form a calendar spread with the September purchase, achieving a two-pronged strategy, indicating a lack of optimism for the short term. Simply put, this nearly $1.2 billion options block trade suggests no significant increase in June, but potentially a substantial market movement in the third quarter, with potential gains up to 50%. Recently, the market lacks funds and highlights, but from a long-term perspective, various positive signals continue to be released, aligning with the mainstream market sentiment.

<Odaily> Planet Daily News: According to the analysis by Adam from Greeks.live, the largest crypto options block trade in history occurred recorded today, with a total nominal value of $1.19 billion, worth 11,350 BTC, and option premiums reaching as high as $7.5 million. This block trade consists of two parts: one part is a bullish spread of 3-,going long--term price, the selling at-the call call options form a calendar the in September a two-pronged strategy, indicates indicating a lack of optimism in the short term. Simply put, this nearly $1.2 billion options block block block trade June believes there will be no significant increase in June, but there might be a significant market trend in the third quarter, potentially reaching a 50% increase. Recently, the market lacks funds and highlights, but in the long term, various positive factors continue to be, released, mainstream market sentiment.

Analysis: The options market believes that the increase in June is small, and there may be a significant big market in the third quarter

In the ever-changing world of investment, true opportunities are often not hidden within the noisy market K-lines, but lurk beneath the seemingly dull policy texts of Washington. When the regulatory ship changes course, the ripples it creates are enough to define the wealth flow of the next few years. Recently, the speech by the new SEC Chairman Atkins at a conference on "<DeFi> and the American Spirit" is precisely such a "treasure map" worth repeated study.

Industry observers have keenly captured the unusual atmosphere in the air, with some even interpreting it as a new round of "<DeFi> Su...

Will the SEC's new policy ignite DeFi Summer? Decoding the three wealth codes in Atkins' speech

Innovation exemptions can help realize the vision proposed by President Trump: making the United States the "global crypto capital".
Author: Paul S. Atkins, Chairman
Translated by: <TechFlow>
Thank you, good afternoon. I am very pleased to gather with everyone today. First, I want to thank Commissioner Pierce and the Cryptocurrency Working Group for organizing today's event, and also thank Commissioner Crenshaw and Commissioner Uyeda for their participation. Of course, I also want to especially thank the discussion panelists and moderator Troy Paredes of the roundtable, who voluntarily contributed their time and intellect to support our cause...

Full text of the SEC's new chairman's roundtable speech: DeFi and the American spirit

[Is BTC Climbing to $110,000 Again, with ETH About to Take the Lead?]
Over the past 24 hours, Bitcoin (BTC) has strongly surged by 3.7%, returning above the $110,000 mark and just a step away from the historical high point set in May. Meanwhile, Ethereum (ETH) has also risen by 3.8%, rebounding above $2,620, demonstrating its correlation with Bitcoin.
However, the key question is: As Bitcoin approaches its historical new high, is Ethereum's rise merely a passive follow-up? Or is it brewing a more independent ETH market trend?