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An investor today sold year-end put and call options of $90,000 Bitcoin, totaling 375 BTC
Bitget2024/11/16 13:25
According to a post by Lin Chen, the head of Deribit's Asia-Pacific business, on X, today's largest BTC block option was sold by an investor at the end of the year for $90,000 put and call options, totaling 375 BTC with an income of $4.958 million. Analysts believe that investors are shorting volatility with a profit range between $78,000-$105,000 and a coin-based return of 14.2%.
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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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