Deribit bulk options data: A user sold year-end $60,000 put options, totaling 400 BTC
According to data released by Deribit officials, today's largest BTC bulk options trade: a user sold $60,000 put options expiring at the end of the year, totaling 400 BTC and received a premium of $3.793 million. This indicates that the option user is long-term bullish. If it falls below $60,000, the user is willing to hoard coins at a price of $60,000. If it is higher than $60,000 then they receive premiums with coin-based earnings reaching 15.35% (annualized about 32.4%).
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