An investor bet over $2 million on $98,000 worth of BTC call options at the end of January.

PANews reported on January 14th that Lin Chen, Head of Business Development for Deribit Asia Pacific, posted on X that an investor paid a single premium of $1.14 million to buy call options on 1200 BTC for $98,000 each at the end of January, making two consecutive purchases. This means a total bet of over $2 million, anticipating a short-term surge.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
1inch releases limited physical copies of its first DeFi oral history, "reDeFine Money".
PANews Newsflash