A large-scale option to buy BTC on Deribit at $115,000 by the end of March next year has been purchased, totaling 250 BTC
Deribit's Asia-Pacific business head, Lin Chen, posted on X stating that today's largest BTC block options trade was: a user paid 1.634 million in premiums to buy call options for $115,000 at the end of March next year, totaling 250 BTC. The user is bullish and will profit if the price exceeds $124,000 at settlement. This user is confident about BTC's trend next year and expects the market to reach new highs after Trump officially takes office.
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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