Bitget App
Trade smarter
Recently on Deribit, a large amount of BTC options were purchased with a bullish view towards reaching $100,000 by the end of the year, totaling 1500 BTC
Bitget2024/12/01 03:51
The head of Deribit Asia Pacific business, Lin Chen, posted on X stating that the recent largest BTC options trade: a user paid about 8.9 million USD to buy bullish options of 100,000 USD by the end of the year, totaling 1500 BTC.
Analyses pointed out that this means the user continues to be bullish and will profit if the price exceeds 106,000 USD at expiration.
0
0
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
An AAVE whale has bought over 40,000 AAVE on dips again in the past 5 days
金色财经•2025/11/28 05:32
Chainlink Reserve adds 89,079 LINK tokens, bringing total holdings to 973,752 LINK
金色财经•2025/11/28 05:32
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$91,669.97
+0.76%
Ethereum
ETH
$3,025.27
+0.07%
Tether USDt
USDT
$0.9999
-0.00%
XRP
XRP
$2.22
+0.61%
BNB
BNB
$895.36
+0.41%
Solana
SOL
$140.44
-1.61%
USDC
USDC
$0.9998
-0.00%
TRON
TRX
$0.2810
+1.69%
Dogecoin
DOGE
$0.1511
-1.88%
Cardano
ADA
$0.4273
-0.92%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now