Deribit Commodity Options: A user bets that BTC will decline in January and rise above $90,000 in February.

According to Mars Finance, on December 9th, data released by Deribit officials showed that the largest BTC options trade of the day involved a user buying $90,000 put options expiring at the end of January and selling $90,000 put options expiring at the end of February, totaling 375 BTC on each side. The report stated that the user was betting that BTC would fall at the end of January and rebound to above $90,000 in February. Currently, most of the positive market news has been priced in, and some users are betting on a decline due to the risk of Strategy being removed from the index in early January, but they also clearly expect a market recovery after February.