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Lin: Today, the largest bulk purchase on Deribit was 350 BTC options for a $200,000 call option at the end of next March

Lin: Today, the largest bulk purchase on Deribit was 350 BTC options for a $200,000 call option at the end of next March

2024/04/03 03:32

Deribit's Asia-Pacific Business Head, Lin, posted on platform X stating that today's largest BTC block option was a major player who paid a premium of 2.475 million USD to buy bullish options for 350 BTC due at the end of March next year with an exercise price of 200,000 USD. The execution price of BTC was 68,000 USD.

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