ChainCatcher news, the open interest of options on the digital asset derivatives exchange Deribit hit a record high on Thursday, with the open interest for Bitcoin and Ethereum contracts reaching $37.6 billion, and the total open interest on the platform reaching $40.8 billion.Deribit CEO Luuk Strijers stated, "The record high open interest not only reflects the price increase but also indicates a higher overall adoption rate of options in the cryptocurrency derivatives space. Institutional and retail investors are increasingly turning to cryptocurrency options as they are attracted by the liquidity, robust hedging mechanisms, and precise risk management strategies offered by this category of instruments."Strijers noted that with the deepening of institutional participation, he expects open interest to continue to grow, which will add stability and maturity to the crypto derivatives space.

ChainCatcher news, according to CoinDesk, the current pricing method for BTC options trading on Deribit indicates that there is a 9.58% chance that the price will rise above $100,000 by December 27.

ChainCatcher news, Lin Chen, the head of Deribit Asia-Pacific business, posted on social media that the largest BTC block option today is: someone paid a premium of $302,000 to purchase 310 BTC of put options with a strike price of $54,000 expiring at the end of July.According to his analysis, this person is bearish in the near term, possibly worried that the CPI inflation data released tonight (Thursday) at 8:30 PM will be too high, leading to a further delay in interest rate cut expectations and causing market panic.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on social media that today the largest block options for ETH: someone collected a premium of $327,000, selling 750 ETH in total, with put options at a strike price of $2,700 and call options at $3,400, both expiring at the end of September.According to the analysis, this person is shorting volatility, with a profitable price range of $2,300 to $4,000, achieving a coin-based return of 14.6% (annualized approximately 60.8%).

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on social media stating that the largest BTC block options today are: someone purchased a call option with a strike price of $62,000 expiring at the end of the year, while simultaneously selling a call option with a strike price of $100,000 expiring at the end of the year, totaling 400 BTC, paying a premium of $2.334 million.According to his analysis, this person is bullish in the long term, using a buy and sell strategy to reduce costs and leverage, profiting if the price is above $69,300 at expiration.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on social media that today the largest BTC block option: someone paid a premium of $1.397 million to purchase 250 BTC call options with a strike price of $85,000, expiring at the end of March next year.According to his analysis, this person is bullish on BTC in the long term and likely believes that this wave of decline is a good opportunity to build a position, directly increasing their holdings.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on social media that the largest block options for ETH today are: someone purchased 4,500 ETH worth of call options with a strike price of $3,000 expiring at the end of September and sold call options with a strike price of $3,900, paying a premium of $989,000.According to his analysis, this person is bullish, using a bull spread to reduce risk and leverage, with a breakeven point at a price > $3,250 at expiration to make a profit.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on social media that today the largest block options for ETH: someone received a premium of $331,000, purchasing a put option with a strike price of $3,000 expiring at the end of July + selling a call option with a strike price of $3,300 expiring at the end of July, totaling 2,000 ETH.According to his analysis, this person is bearish, profiting if the price at delivery is < $3,400; it is highly likely that they hold a lot of spot, buying puts + selling calls for hedging + profit.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on social media that today the largest BTC block options: someone collected a premium of 3.48 million USD, selling a call option with a strike price of 62,000 USD and a put option with a strike price of 62,000 USD, totaling 187.5 BTC.According to his analysis, this person is shorting volatility, with a profit range of 47,500 USD to 89,000 USD, achieving a coin-based return of 8.8%, with a very high win rate.

ChainCatcher news, Lin Chen, the head of Deribit Asia Pacific business, stated on social media that a user purchased call options for $3400 at the end of September and sold call options for $4400 at the end of September, totaling 2500 ETH, paying a premium of $738,000. The user bought a bull spread for $3400 - $4400 in September to reduce costs, and will profit if the price is greater than $3700 at expiration.

ChainCatcher news, Lin Chen, the head of Deribit Asia Pacific business, stated on social media that today in a large transaction of BTC and ETH options, a user paid $850,000 to purchase a call option for ETH at $4,200 expiring at the end of July, totaling 15,000 ETH.In addition, another user paid $1,032,000 to purchase a call option for BTC at $65,000 expiring at the end of the year, totaling 100 contracts.