Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Deribit BTC block options buy $120,000 call options at the end of March next year
2024-07-03 04:47:47
Odaily News Lin Chen, head of Asia-Pacific business at Deribit, posted on the X platform that the largest BTC option today: someone bought a $120,000 call option at the end of March next year (expiration strike price), totaling 375 BTC, and paid a premium of $1.046 million. According to his analysis, this person is bullish in the long term and believes that by the end of March next year, the price of BTC will rise sharply. From the perspective of previous bull market cycles, the Q3 stage of the second year of the bull market is always a critical period for the rise. The volatility is low during the summer vacation, the option price is cheap, and the spot price breaking $60,000 is a good opportunity to build a position.