Purchase of a $115,000 call option for BTC by the end of March next year
Lin Chen, Head of Asia-Pacific Business at Deribit, stated in a post on X that the largest BTC block options trade today involved a user paying a premium of $1.634 million to buy a call option for $115,000 by the end of March next year, totaling 250 BTC. The user is bullish, and will profit if the price at delivery exceeds $124,000. The user is very confident about BTC's trend for next year, expecting the market to reach new highs after Trump officially takes office.
