A user bought 65,000 call options and put options at the end of August, totaling 463 BTC

avatar
ODAILY
07-17
This article is machine translated
Show original
Odaily Odaily News According to data released by Deribit officials: Today's largest BTC option transaction, a user purchased 65,000 call options and put options at the end of August, totaling 463 BTC, and paid a premium of 4.587 million US dollars. It said that the user was long volatility and expected that before the delivery at the end of August, the market would fluctuate greatly due to the game of interest rate cuts, and the price would be less than 56,000 or greater than 77,000 to make a profit.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
1
Add to Favorites
Comments