An investor today sold year-end put and call options of $90,000 Bitcoin, totaling 375 BTC

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%.