$BTC Someone Bet $1.2 Billion on Bitcoin Growth
An unknown investor bought call options on Bitcoin with targets from $112,000 to $140,000, paying a $50 million premium.
The deal specifies the following levels:
– $112,000–$120,000 with an expiration on July 25 (at 3,750 BTC);
– $115,000 and $140,000 with an expiration on September 26 (at 7,600 BTC).
Are we expecting $140,000 this fall?
