Deribit Asia Pacific Business Lead Lin Chen revealed an interesting crypto story on X: a mysterious user splurged approximately $8.9 million to purchase $100,000 Bitcoin call options expiring at the end of the year, totaling 1,500 BTC. This transaction has drawn widespread attention from the market, becoming one of the largest BTC block option trades recently. 🤔

This transaction demonstrates investors' optimistic expectations about the future price of Bitcoin, while also bringing more uncertainty to the market. 📈 In the crypto market, the complexity and risks of options trading are both loved and hated. Regardless of market direction, such large bets always spark discussions. 💼