Lin Chen: Sold 263 BTC of large options on Deribit, including call and put options with a strike price of 65,000 at the end of August

2024-07-26 10:47:40

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ChainCatcher news, Lin Chen, Head of APAC Business at Deribit, posted on platform X that today the largest block options for BTC: a certain user sold 263 BTC worth of call and put options with a strike price of 65,000 at the end of August, earning a premium of 2,494,000 USD. Shorting volatility, the price profit range is 56,000-76,000, and the premium's coin-based yield reaches 32.2%.

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Deribit

Cryptocurrency Options Exchange

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The first decentralized digital currency

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