I saw an operation today that really left people stunned! There’s an old guy who might be the most eager person in the world for ETH to crash🤣

This operation truly shocked me. This big shot directly invested $174,000 to buy 6,000 ETH put options when ETH fell below $4,300 early this morning, setting the strike price at $4,250, and it's a short-term contract expiring today 09.06.

To be honest, when I saw this news, I thought this old guy was really bold. This is clearly betting that ETH will continue to plummet below $4,250. But now, with less than half an hour left until the option expires, ETH is still firmly standing around $4,300, showing no signs of dropping below $4,250.

It really looks like it’s going to end poorly; it seems like over a hundred thousand dollars is going to go down the drain. I truly feel for this old guy. These short-term put options are inherently high-risk, high-reward plays, and with such a short time window, a slight misjudgment can lead to total loss.

Indeed, options carry too much risk, especially with contracts that expire the same day; it’s basically gambling on direction and timing. This big shot might have thought that ETH would continue to plunge after dropping below $4,300, but the market is so cruel; sometimes it just doesn’t go as you expect.

It seems that unless ETH suddenly crashes below $4,250 in the last half hour, this $174,000 will really evaporate completely. This operation has made me deeply realize that trading options requires extremely precise judgment; a small mistake can lead to total ruin.