Odaily Planet Daily News: Lin Chen, Head of APAC Business at Deribit, stated in a post on X that today's largest BTC block options trade involved a user purchasing $70,000 put and call options expiring at the end of the year, totaling 100 BTC, for $1.269 million. Analysis indicates that the user likely believes that with the end of the elections and a new leader taking office, the market may experience a significant wave of volatility. The current DVOL volatility index is 55.77 and is expected to continue rising as the elections approach.