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Greeks.live: The BTC options market has seen massive bulk trades, with cumulative bulk call option trades exceeding $120 million throughout the day

2024-11-26 15:57

Odaily Planet Daily News: According to Adam, a macro researcher at Greeks.live, there have been massive block trades in the Bitcoin options market, with over 6000 BTC worth of Bitcoin block trades completed since 21:00 at night. The total number of block call option trades for the day has exceeded 120 million US dollars. Among them, nearly 5000 BTC were traded for active call options on December 27th, ranging from $92000 to $100000, and this buying behavior is still ongoing. In addition to a high number of purchase orders, the premium for this wave of purchases is significantly higher than usual, about twice the premium cost for stocking. The giant whale is taking action, and the big market may be right in front of us.

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