An investor has placed a bold bet on Bitcoin's future price surge by purchasing 3,000 call options on Deribit, set to expire on January 30, 2026. The options, with a strike price of $100,000, cost the investor $2.86 million in premiums. If Bitcoin does not exceed $100,953.67 by the expiration date, the investor will incur losses, potentially losing the entire premium if Bitcoin remains below $100,000. However, the investor retains the option to sell before expiration if Bitcoin's price rises significantly.
Investor Bets $2.86 Million on Bitcoin's Surge with Deribit Options
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