Lin Chen: A large investor on Deribit paid $2.98 million today to buy 250 BTC end-September $90,000 call options

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2024/03/18 07:23

According to ChainCatcher news, Lin Chen, Deribit’s head of Asia-Pacific business, posted on the X platform that there are great differences in the BTC options bulk market today:

1. A large investor sold 200 BTC call options worth $55,000 in June, earning a premium of $3.917 million, which is likely to be a take-profit;

2. A large investor paid US$2.98 million to buy 250 BTC call options worth US$90,000 at the end of September. He is absolutely bullish.

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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