Ethereum price hurtled toward the $3,030 level on Sunday, Nov. 28, setting the asset on course to close the month with 21.4% losses. Heavy whale sell-offs in the first half of the month inflicted the most damage, as broader crypto markets reacted to the US government shutdown and political pressure facing the crypto-friendly Trump administration. US-listed Ethereum ETFs recorded $1.284 billion in outflows during an eight-day selling wave from Nov. 11 to Nov. 20. Although ETF issuers returned to net inflo ...

期权交易活动概况 - 花旗集团期权市场出现大规模看跌期权交易，导致净交易情绪下滑至接近负360万美元 [1][2] - 大部分负面交易流源于一笔具体交易：买入2,000份行权价97.50美元、2027年1月15日到期的看跌期权，交易总额为233万美元 [3] 异常交易行为分析 - 该看跌期权的到期日远超过一年，表明其目的可能是长期下行风险对冲而非短期战术性看跌 [5] - 行权价非常接近当前市价，符合经典的“保险型看跌期权”特征 [5] - 较长的期限设计可能旨在覆盖重大宏观不确定性，如选举结果和信贷周期转变 [5] 市场情绪与意图解读 - 衍生品市场情绪持续波动，上周情绪仍为压倒性正面 [2] - 异常看跌期权活动在更广泛的市场波动背景下受到更多关注，但其背后意图可能并非纯粹看跌，而是作为应对剧烈波动的保险策略 [4][7] - 期权流情绪随机构投资者对冲头寸而频繁变化，单一交易的意图难以绝对确认 [6][7]