Deribit large options data: A certain investor sold 375 BTC worth of $90,000 Bitcoin put and call options for the end of the year today
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%.