Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Deribit Bulk Options: A User Sells BTC End-June Next Year $100,000 Call Options for a Total of 500 BTC

Deribit Bulk Options: A User Sells BTC End-June Next Year $100,000 Call Options for a Total of 500 BTC

Bitget2024/10/18 08:40

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.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!