Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
Huge BTC Options deal attracts attention!
Today, a prominent Options trade appeared on Deribit, the world's leading derivatives trading platform. According to Lin Chen, head of Asia Pacific business at Deribit, BTC Options trading on the platform is extremely active today, with two Block Trading being particularly noteworthy.
One of the Large Investors threw $1.41 million to All in 400 put options expiring at the end of May with an exercise price of $62,000. This move undoubtedly sent a strong shorter signal to the market, triggering a wide discussion in the industry about the price trend of BTC. Market analysts believe that this may be the prediction of large investors on the future price trend of BTC, or it may be a strategy to seek hedging risks in market fluctuations.
At the same time, another large investor took a very different strategy. He shuttled a $75,000 call option expiring at the end of September and a $100,000 call option, involving a total of 339 BTC, resulting in a $1.49 million premium. This operation shows that the large investors have complex expectations for the future price of BTC, which is both shorter and longer, and seems to be carrying out a more complex investment strategy layout.
As the world's leading Crypto Assets derivatives trading platform, Deribit's trading situation in the Options market is often regarded as a market bellwether. The emergence of these two large options transactions has undoubtedly added a lot of uncertainty and hidden risks to the market.
We will wait and see how the BTC price trend will evolve in the future and how the market will respond to the operations of these large investors.
#Meme币领涨,你最看好的meme币是?