A trader has sold a total of 173 million USD in BTC call options, betting that BTC will not exceed 70,000 USD within 52 days
On-chain analyst Ai Yi posted on the X platform, stating that a trader from @GreeksLive has cumulatively sold $173 million worth of BTC call options, believing that BTC will not rise more than 9.5% within 52 days.
If BTC does not exceed $70,000 by expiration, the trader will receive $3.03 million in premiums.
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