Bitget App
Trade smarter
Open
HomepageSign up
Bitget>
News>
Deribit bulk options data: A user is "long-term bullish", buying call options for $85,000 in March next year

Deribit bulk options data: A user is "long-term bullish", buying call options for $85,000 in March next year

Bitget2024/11/01 06:22
BTC-1.64%

According to data released by Deribit officials, the largest BTC bulk options trade today was made by a user who "recharged faith", buying $85,000 call options for the end of March next year, totaling 100 BTC and paying a premium of $7.11 million.

They indicated that this user is long-term bullish and confident about the trend of BTC next year. They believe there is a high probability that if Trump is elected it will trigger significant fluctuations in the crypto market.

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.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Trending news

More
1
Meta plans to build a new gigawatt-level data center in Texas
2
Milan: The recent decline in long-term yields indicates that the market believes the Federal Reserve's rate cuts are the right decision.

Crypto prices

More
Bitcoin
Bitcoin
BTC
$111,289.62
-1.84%
Ethereum
Ethereum
ETH
$4,001.19
-3.22%
Tether USDt
Tether USDt
USDT
$1
+0.02%
BNB
BNB
BNB
$1,165.82
-4.79%
XRP
XRP
XRP
$2.43
-3.43%
Solana
Solana
SOL
$197.65
-3.02%
USDC
USDC
USDC
$1.0000
-0.00%
Dogecoin
Dogecoin
DOGE
$0.1987
-3.00%
TRON
TRON
TRX
$0.3166
-0.27%
Cardano
Cardano
ADA
$0.6732
-4.43%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now
Trade smarter