According to TechFlow, Lin Chen, head of Asia Pacific business at Deribit, posted on the X platform that an investor paid a premium of $5.043 million to purchase a call option with an exercise price of $75,000 at the end of the year, totaling 925 BTC. The transaction shows a long-term bullish expectation, and a profit will be made if the price exceeds $81,000 at the end of the year.

The current market price has fallen below $56,000. Lin Chen personally does not recommend buying at the bottom at this time, but points out that the mining cost is above $50,000 and the cost of a US spot ETF is about $56,000, so there is a support level and there is no need to be too anxious.