🐳 Optional Bitcoin: Whale bets BTC will reach US$ 200 thousand this year
A whale executed a call spread strategy targeting a price increase of BTC to US$ 200,000 by December. A contract worth 3,500 units at a total of US$ 23.7 million was made on Deribit. This strategy is optimistic that BTC will break through US$ 200 thousand by the end of the year, with open interest in the options market approaching historical highs.
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