A whale paid $4.885 million to sell the 65,000 call option at the end of June and bought the 90,000 call option at the end of the year
Deribit's Asia-Pacific business leader, Lin Chen, revealed that a whale sold a call option for the end of June with a strike price of 65,000 and bought a call option for the end of the year with a strike price of 90,000 for a total of 500 BTC, paying $4.885 million. The whale expects BTC price to not exceed 66,700 by the end of June and is optimistic about the market in the third and fourth quarter, believing that BTC will rise again.
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.
You may also like
Pantera CEO at TOKEN2049: “There’s already demand worth $250 billion for stablecoins”
His worry? Some stablecoin issuers are offering "instant liquidity" while their reserves sit in risky, long-term bets.

SUI Price Pumps 5% as 21Shares Files for SUI ETF with US SEC

The Crypto Council Sends Letter to SEC Seeking Clear Staking Rules

U.S. jobless claims rise to highest level since October
Trending news
MoreCrypto prices
More








