On Deribit, a large amount of BTC options were bought for the end of January at $105,000 call options, and sold for the end of March at $115,000 call options
Deribit's Asia-Pacific Business Head, Lin Chen, posted on X stating that today's largest BTC block option is: a user earned 3.165 million US dollars by buying bullish options of 105,000 US dollars at the end of January and simultaneously selling bullish options of 115,000 US dollars at the end of March, totaling 925 BTC on one side.
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.
You may also like
Synopsys (SNPS.US) partners with OpenAI to develop AI models for chip design, revenue-sharing model drives stock price up by 7%
On Wednesday, chip design software provider Synopsys (SNPS.US) announced that it has reached a partnership agreement with OpenAI. Both parties will jointly develop AI models for the chip business and share related revenues.
BoJ Summary of Opinions: Member says appropriate to keep raising rates in line with economy, price
Rio Tinto secures Bell Bay aluminum smelter operations till 2031
The British Pound rallies on a UK growth upgrade and gives more than half back