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.
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