On Deribit, a large volume of BTC options were purchased with a bullish view towards an end-of-year price of $125,000 per BTC, totaling 600 BTC
Odaily Planet Daily reports that Deribit's Asia-Pacific business head, Lin Chen, posted on X stating that today's largest BTC bulk option is: a user paid 9.856 million US dollars in premiums to purchase bullish options of 125,000 US dollars by the end of the year, totaling 600 BTC.
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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