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A trader paid $1.19 million on Derbit to buy 1,155 BTC for a $50,000 call option expiring at the end of March.

A trader paid $1.19 million on Derbit to buy 1,155 BTC for a $50,000 call option expiring at the end of March.

CointimeCointime2024/01/30 05:32
By:Cointime

On January 30th, a trader today paid $1.19 million to buy 1155 BTC call options with a strike price of $50,000 expiring at the end of March. The trader used 33x leverage to go long, making it the largest options transaction on the platform today, according to Deribit.

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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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