Data: A user purchased year-end call options for 100,000

According to the bulk trading data released today by Deribit officials, a user purchased 100,000 call options for the end of the year, totaling 1250 BTC and paid a premium of $4.737 million. The official explained that they are long-term bullish and believe that interest rate cuts and elections by the end of the year will significantly boost BTC prices.