Deribit options bulk data: A user bought $85,000 call options expiring at the end of March next year

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on social media that today the largest BTC block option: someone paid a premium of $1.397 million to purchase 250 BTC call options with a strike price of $85,000, expiring at the end of March next year.

According to his analysis, this person is bullish on BTC in the long term and likely believes that this wave of decline is a good opportunity to build a position, directly increasing their holdings.