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Deribit data: A user purchased $82,000 call options expiring at the end of November, totaling 700 BTC

2024-11-26 17:09:55

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on X that the largest Bitcoin (BTC) block options trade today was: a user paid $11.649 million to purchase call options with a strike price of $82,000 expiring at the end of November (this Friday), totaling 700 BTC. This trade is a spot bullish position, using 6.7 times leverage, and will be profitable if the price exceeds $99,000 at delivery.

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