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Deribit's BTC block options buy $54,000 put options at the end of July, perhaps worried about the impact of tonight's CPI data on the market
2024-07-11 03:26
Odaily News Lin Chen, head of Asia Pacific business at Deribit, posted on the X platform that the largest BTC option today was: someone paid a premium of $302,000 to buy a $54,000 put option at the end of July, totaling 310 BTC. According to his analysis, this person is bearish in the near term and may be worried that the CPI inflation data at 8:30 p.m. today (Thursday) will be too high, causing the expectation of interest rate cuts to be postponed again, causing market panic.