On Deribit, a large number of BTC options were sold, including both call and put options for the end of August at 65,000. A total of 263 BTC was involved
Deribit's Asia-Pacific Business Head, Lin Chen, posted on platform X stating that today's largest block options for BTC: a user sold bullish and bearish options of 65,000 at the end of August, totaling 263 BTCs with an income from premiums amounting to $2.494 million. Short volatility, the price profit range is $56,000 - $76,000 and the premium's coin-based return reached 32.2%.
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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