A trader paid more than $1 million to buy a put option expiring on April 25 with a strike price of $70,000.

This article is machine translated
Show original

According to CoinDesk, ChainCatcher reports a large Bitcoin options trade recently occurred on Deribit exchange, where a trader paid over $1 million to purchase 1,180 put options with a strike price of $70,000, expiring on April 25th.

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
Add to Favorites
Comments
Followin logo