On Deribit, large-scale Bitcoin options are purchased for a bullish option of $60,000 at the end of September and a bullish option of $70,000 is sold at the end of September
PANews reported on August 29 that a Deribit staff member posted on platform X, stating that today's largest BTC bulk option is: an investor bought bullish options for $60,000 at the end of September and sold bullish options for $70,000 at the end of September, totaling 476 BTCs and paying a premium of $904,000. The investor used a bull market price difference strategy to reduce costs and increase leverage. As long as the price exceeds $63,000 (break-even point) at maturity time, they will make a profit.
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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