Lin: Today's largest BTC option bulk purchase is a straddle combination expiring on March 1st at $52,000
Sister Lin posted that today's largest BTC option bulk is again buying the straddle for March 1: simultaneously buying the call and put for March 8 at 52000, totaling 250 BTC, with a premium payment of $785,000. The largest ETH today is buying the call option at the end of March for 32000, with 2000 ETH and a premium payment of $314,000. Comparing to before Chinese New Year in recent one to two weeks, the biggest change is actually that large orders are relatively small. With recent US stock earnings reports and FOMC meetings, tech stock prices are high again; traditional large institutions are currently focusing on arbitrage trading or short-term hedging.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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