Today’s largest BTC options block on Deribit buys end-April $70,000 calls and sells $90,000 calls

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2024/03/12 08:10

Deribit's Asia-Pacific business leader Lin Chen posted on the X platform today that the largest BTC options trade was a bullish spread, with a large trader paying $3.618 million to buy 525 BTC call options expiring at the end of April for $70,000 each, while selling $90,000 worth of call options. This suggests speculation that BTC could reach nearly $90,000 by the end of April.

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