Ether Trader Bets Millions on ETH Blasting Above $3.4K by June-End

Last month, CoinDesk reported that big money is becoming increasingly bullish on ether ETH, with price charts indicating a potential rally above $3,000.New evidence has now emerged, supporting those claims.On Thursday, a trader paid a premium of over $2 million to purchase a total of 61,000 contracts of June-end expiry ether call options at strikes $3,200 and $3,400, according to data source crypto options exchange Deribit.Theoretically, the $3,200 call is a bet that ether's price will rise from the current $2,460 to over $3,200 by the end of the month source: https://www.coindesk.com/markets/2025/06/06/ether-trader-bets-millions-on-eth-blasting-above-usd3-4k-by-june-end