A BTC block option user on Deribit sold 65,000 call options and put options at the end of August, totaling 263 BTC
Lin Chen, the head of Deribit Asia-Pacific business, posted on X platform today that a certain user sold a total of 263 BTC call and put options with a strike price of 65,000 yuan at the end of August, earning a premium of $2.494 million. By shorting volatility, the profit range of the price is between 56,000 and 76,000 yuan, and the coin-based return on premium is 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.
You may also like
Tether Blacklist Lag Lets Hackers Steal $78M in USDT: Report
Senators Amend GENIUS Act Before Final Vote, What’s New?
Ripple vs. SEC: Expert Predicts Next Move in XRP Case
Ripple and WËIA Launch Blockchain Aid for Colombian Farmers
Built on the XRP Ledger, it helps trace agricultural goods — like panela, Colombia’s beloved unrefined cane sugar — from seed to harvest.
Trending news
MoreCrypto prices
More
