Large-scale BTC options are purchased on Deribit, betting that it will rise to $100,000 by the end of next March
Lin Chen, the head of Deribit Asia Pacific business, posted on platform X stating that today's largest bulk options for BTC: An investor has purchased a bullish Bitcoin option worth $100,000 at the end of March next year, totaling 490 BTC and paid a premium of $3.003 million. The related transaction is long-term bullish and expects a big market in the third and fourth quarters.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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