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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

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

CointimeCointime2024/06/20 03:13
By:Cointime

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.

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