Deribit BTC block options buy $85,000 call options at the end of March next year
Odaily2024/07/06 06:09
By:Odaily
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Odaily News Lin Chen, head of Asia Pacific business at Deribit, posted on the X platform that the largest BTC option today: someone paid a premium of $1.397 million and bought a call option of $85,000 at the end of March next year (expiration
strike price), totaling 250 BTC. According to his analysis, this person is bullish on BTC in the long term and may have thought that this plunge was a good opportunity to build a position, so he directly increased his position.
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
New spot margin trading pair — DGAI/USDT!
Bitget Announcement•2026/08/26 03:56
CandyBomb x TMX: Trade to share 1,150,000 TMX
Bitget Announcement•2026/08/25 08:00
[Initial listing] Bitget to list TermMax (TMX) in the DeFi zone
Bitget Announcement•2026/08/25 02:00
[Initial Listing] Bitget to list Permacast (PWT) in the AI zone
Bitget Announcement•2026/08/24 07:00
Crypto prices
MoreBitcoin
BTC
$79,632.32
+0.98%
Ethereum
ETH
$2,495.92
+0.18%
Tether USDt
USDT
$1
+0.03%
BNB
BNB
$708.59
+0.38%
XRP
XRP
$1.42
+0.86%
USDC
USDC
$1.0000
+0.00%
Solana
SOL
$106.74
+5.23%
TRON
TRX
$0.3395
+1.39%
Hyperliquid
HYPE
$83.61
+2.57%
Dogecoin
DOGE
$0.08757
+0.70%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now