Bullish on BTC, collecting millions! A certain big player splurges 250 bitcoins, aiming for an annualized return of 46%!
Deribit today revealed a significant order! A mysterious big player bet 250 BTC, sold a $70,000 put option, and conveniently bought a $60,000 put option as 'insurance'. From this operation alone, the user directly collected $1,043,000 in premium income!
This big player clearly holds a long-term bullish view on Bitcoin; as long as the BTC price is above $66,000 by the end of January next year, the annualized return will be about 46%, a guaranteed profit. What if it falls below $70,000? This user remains unfazed, expressing a willingness to buy at this price level while using the $60,000 put option to guard against extreme downside risks—truly a classic operation that can attack and defend!
Being so bold in layout indicates confidence in BTC's future trends! Looking forward to the market at the beginning of next year, this order is definitely a market barometer! Stay close to Uncle Money and witness how big players operate in the crypto world!
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