On Deribit, large-scale BTC options were purchased: put options at $58,000 by the end of August and call options at $65,000. A total of 200 BTC was involved
Deribit's Asia-Pacific Business Head, Lin Chen, posted on platform X stating that today's largest BTC bulk options were purchased by a user. The user bought put options for $58,000 at the end of August and call options for $65,000, totaling 200 BTCs. They paid a premium of $664,400. The user believes that the current market still lacks clear bullish or bearish signals and wide-ranging fluctuations have not ended yet. They are particularly focusing on next Wednesday's CPI data as minor changes could potentially trigger market sentiment fluctuations.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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