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Lin Chen: A large trader on Deribit today paid 2.98 million dollars to buy 250 BTC call options with a strike price of 90,000 dollars expiring at the end of September

2024-03-18 15:14:02

ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on platform X, stating that there is a significant divergence in today's BTC options bulk market:

  1. A certain large holder sold 200 BTC call options for June at $55,000, earning a premium of $3.917 million, likely to take profit;

  2. A certain large holder paid $2.98 million to buy 250 BTC call options for the end of September at $90,000, showing absolute bullish sentiment.

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