ChainCatcher news, Lin Chen, Head of APAC Business at Deribit, posted on X that the largest BTC block options today are: a certain user paid a premium of $1.858 million to buy a $80,000 put option expiring at the end of the year, while selling a $180,000 call option expiring at the end of the year, with a total of 1,250 BTC on one side.

ChainCatcher news, according to CoinDesk, Bitfinex analysts indicate that the Bitcoin miners' Net Unrealized Profit and Loss (NUPL) remains very optimistic, hovering around 0.5, which suggests that miners are still in a strong position, holding substantial unrealized profits, and are inclined to hold onto their Bitcoin at this stage.In the broader market, some traders are attempting to buy December 2025 ETH call options at prices as high as $11,000.

ChainCatcher news, Lin Chen, Head of APAC Business at Deribit, posted on X that the largest BTC block option today is: a user paid $559,000 to purchase $97,000 call options expiring on January 10 (this Friday), totaling 150 BTC.

ChainCatcher message, Lin Chen, Head of APAC Business at Deribit, posted on X stating that the largest BTC block options trade today was: a user paid a premium of $984,000 to buy 400 BTC of $96,000 call options expiring on January 10 (next Friday).

ChainCatcher news, Lin Chen, Head of Asia-Pacific Business at Deribit, stated in a post on X that the largest BTC block options trade today involved a user paying a premium of 1.634 million, buying a call option for $115,000 expiring at the end of March next year, totaling 250 BTC.The user is bullish, and will profit if the price at delivery exceeds $124,000. The user is confident about the BTC trend next year, expecting the market to reach new highs after Trump officially takes office.

ChainCatcher message, Lin Chen, the Head of APAC Business at Deribit, posted on X that the largest ETH block options trade today was: a user paid $476,000 to purchase 4,500 ETH of call options with a strike price of $3,400, expiring on January 3rd next year (next Friday).The user is bullish; they will profit if the price at delivery is greater than $3,500. The current ETH price is fluctuating around $3,400, the DVOL volatility index is at 75.17, and the greed index is at 74 (greed), with the ETH/BTC exchange rate at 0.035.

ChainCatcher message, according to Coindesk, Deribit data shows that the call options for XRP with a target price of $5 are surging in terms of trading volume and open interest. The $5 call option is the second most traded XRP option in the past 24 hours, with a contract trading volume of 1.7 million. (One contract represents 1 XRP).In addition, Deribit data shows that the $5 call option is the most popular out-of-the-money or higher strike call option, with a nominal open interest of $1.25 million.

ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on X that the largest ETH block options trade today was: a certain user paid $668,000 to purchase put and call options for 3,000 ETH at the end of the year with a strike price of $3,800.

ChainCatcher news, Lin Chen, Head of Asia Pacific Business at Deribit, posted on X that the largest BTC block options today are: a certain user purchased a call option for $101,000 on December 20, while selling a call option for $106,000 for the same period, totaling 200 BTC, paying a premium of $363,000.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on X that recently the largest options block trade for BTC: a certain user sold 770 BTC worth of call options with a strike price of $200,000 expiring in June next year, generating a premium income of up to $2.661 million.

ChainCatcher news, Lin Chen, Head of APAC Business at Deribit, stated in a post on X that the largest BTC block options trade recently was: a certain user paid approximately 8.9 million USD to purchase 100,000 call options expiring at the end of the year, totaling 1,500 BTC.

ChainCatcher news, Lin Chen, Head of APAC Business at Deribit, posted on X that the largest BTC block options trade today was: a user sold 95,000 call options expiring at the end of the year, totaling 150 BTC, with a revenue of 1.037 million USD. Profit is realized if the delivery price is less than 102,000, with a coin-based yield of 7.05% (annualized approximately 83%).

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on X that the largest Bitcoin (BTC) block options trade today was: a user paid $11.649 million to purchase call options with a strike price of $82,000 expiring at the end of November (this Friday), totaling 700 BTC. This trade is a spot bullish position, using 6.7 times leverage, and will be profitable if the price exceeds $99,000 at delivery.

ChainCatcher news, Bloomberg senior ETF analyst James Seyffart posted data on social media stating that on the first day of trading for BlackRock's IBIT options, 354,000 contracts were traded with a notional exposure slightly below $1.9 billion, of which 82% were call options (289,000 contracts) and 18% were put options (65,000 contracts), with a ratio of 4.4:1. It is almost certain that such first-day data is one of the reasons for Bitcoin reaching a new all-time high.

ChainCatcher news, Lin Chen, Head of APAC Business at Deribit, posted on X that the largest BTC block options today involved an investor selling 90,000 USD put and call options for the end of the year, totaling 375 BTC, with a revenue of 4.958 million USD.Analysis suggests that the investor is shorting volatility, with a profit range of 78,000 - 105,000 USD, achieving a coin-based return of 14.2%.

ChainCatcher news, Lin Chen, the Head of Asia-Pacific Business at Deribit, stated that a certain user paid $1.714 million to purchase call options with a strike price of $3,800 expiring at the end of the year, totaling 10,000 ETH. Currently, the ETH price has rebounded to around $3,300, and if the price exceeds $4,000 at expiration, the investor will make a profit.

ChainCatcher news, according to The Block, the Bitcoin futures basis yield has risen to a seven-month high, and QCP Capital analysts believe this may indicate an increase in market leverage risk. Current market demand for high strike call options is strong, showing that investors are optimistic about further increases in the future.Analysts point out that the perpetual contract funding rate has significantly increased, with the basis exceeding 18% by the end of November, as the Bitcoin price approaches the critical $90,000 mark. QCP analysts warn that high basis yields may be accompanied by leverage liquidation risks, which could trigger a market correction if price movements are unfavorable.Additionally, Swarm Markets co-founder Philipp Pieper stated that the recent rise in Bitcoin is partly due to cautious capital re-entering the market, but fluctuations in market sentiment may lead to mid-term profit-taking, resulting in price volatility.

ChainCatcher message, QCP Capital released a research report stating that Bitcoin continues to soar to new all-time highs. Despite reaching new highs, volatility has not significantly reacted due to large-scale profit-taking from long-term bullish options. This indicates that the market is well-prepared for this upward movement. The funding rate for perpetual contracts is very high, and the basis yield has also reached its highest point in 7 months.Although maintaining a structurally bullish outlook, caution is advised for any pullbacks, especially those stemming from leveraged liquidations. Historically, such a sharp increase in basis yield does not usually last long. In the short term, the spot market is expected to oscillate around these levels, with volatility likely to diminish.

ChainCatcher news, Lin Chen, the head of Asia Pacific business at Deribit, stated that a trader earned a premium income of 313,000 by selling 2,000 ETH call options expiring on November 22 with a strike price of $2,400.If the ETH price is below $2,550 at expiration, the trader will realize a profit, with a coin-based return of up to 6.3%. This transaction became the largest single trade in the ETH options market that day.

ChainCatcher news, QCP released a daily analysis stating that the election battle between Harris and Trump is in a deadlock, with Polymarket's odds gradually approaching actual polling estimates. Currently, Polymarket still favors Trump, giving him a 55% chance of winning, but this is a significant drop from 66% a week ago.The weekend's sideways price movement and the decline of leveraged perpetual contract positions from $30 billion to $26 billion indicate that the market remains cautious. The options market has observed a large number of purchases for $75,000 call options expiring at the end of November since last Friday. As the election date approaches, related options positions are also increasing, with implied volatility exceeding 87 on Friday, even though the actual volatility is only 40.Spot prices are expected to fluctuate within this range until the election results become clearer this week. If Trump wins, it may trigger a rapid price increase; conversely, if Kamala wins, the market may decline.