Large volume BTC options are purchased on Deribit, betting on a rise to $85,000 by the end of next March
Deribit's Asia-Pacific Business Head, Lin Chen, posted on platform X stating that today's largest BTC block option: someone paid a premium of 1.397 million USD to purchase bullish options for next year's end of March (expiry strike price) at 85,000 USD, totaling 250 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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