Deribit's bulk trade today: A user sold year-end BTC $65,000 call options and bought $10,000 call options
According to data released by Deribit officials, a user sold the Bitcoin call option of $65,000 at the end of the year today and bought the call option of $100,000 at the end of the year. A total of 551 BTCs were involved with an income premium of 4.89 million dollars. Deribit officials explained that this user may hold a large amount of BTC. If BTC does not rise or falls, premiums can be used as hedging. If BTC surges greatly, then a $100k call option hedges against extreme risk.
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.
You may also like
Liquidity Unconcerned? The Federal Reserve Hits 'Pause' Again, Ceasing Reserve Management Bond Purchases Until Mid-October
The Federal Reserve announced on Monday that it will not conduct short-term Treasury bond purchases for reserve management purposes in the next phase for the second consecutive month, indicating that policymakers are satisfied with the level of bank reserves in the financial system.
NAB says Australia August consumer spending rises 1.1% as fuel costs jump 12%
Trump connects with Jensen Huang: Slams AI threat as a "scam" and strongly supports data centers, calling them the "oil of the future"
Trump participated in a live call with Jensen Huang, denouncing the AI threat narrative as a scam and stating that data centers are the oil of the future. Despite Nvidia's stock price dropping due to slowdown concerns, Jensen Huang still responded to security warnings.
AI Risks and Calls for "Slowdown" Intensify; U.S. Cybersecurity Stocks Surge Collectively
On Monday, cybersecurity stocks generally rose. As concerns grow among investors about the potential harm artificial intelligence could cause to humanity, and some industry leaders call for slowing down AI development, capital is shifting toward the cybersecurity and related enterprise software sectors.
Crypto prices
More
