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Deribit: A certain options trader bought 800 BTC bull call spreads

2026-05-04 14:54:51
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Lin Chen, the Head of Asia-Pacific Business at Deribit, posted on platform X that a certain options trader bought 800 BTC in a bull spread, purchasing $80,000 in call options and selling $85,000 in put options, as the trader is optimistic about BTC prices rising at the beginning of this month.

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Options trading bull market spread
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