Deribit Bulk Options: A User Sells BTC End-June Next Year $100,000 Call Options for a Total of 500 BTC
On Oct. 18, Lin Chen, head of Asia-Pacific business at Deribit, said in a post on X that today's biggest BTC options trade was a user selling $100,000 in BTC call options at the end of June next year, totaling 500 BTC.
According to analysts, the user is estimated to hold a lot of BTC cash and gained profit by selling ultra-forward inflated call options with a price below $145,000 at the time of delivery.
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.
You may also like
BMV halts trading of Foran Mining on SIC Capitales after TSX suspension
CPS Technologies releases transcript of Q2 2026 earnings call
JPMorgan Chase tops 5% voting rights threshold in Exail Technologies, holds 5.08% stake
BlackRock voting rights in Eiffage fall below 5% threshold, AMF filing shows
Crypto prices
More
