🔥Hot news! Lin Chen, head of Asia-Pacific business at Deribit, recently published an article on the X platform, revealing the BTC bulk options trading strategy of a mysterious user. This user generously spent $3.617 million to sell a $65,000 call option at the end of June, and also bought a $100,000 call option at the end of March next year, involving a total of 250 BTC! 😮

Official staff explained that this operation strategy is very common recently, with short-term bearish and long-term bullish, using the premium obtained from selling options to lower the cost of buying forward options, and doing some hedging to reduce risks. 📈

This strategy seems complicated, but it is actually ingenious. It can not only gain profits in the short term, but also effectively hedge against future risks. This user's operation undoubtedly shows his optimism about Bitcoin, and also allows us to see the infinite possibilities of the blockchain industry! 🚀