An investor has placed a significant bet on Bitcoin's price increase by purchasing call options worth over $2 million. Lin Chen, Head of Business Development for Deribit Asia Pacific, revealed that the investor paid a premium of $1.14 million for call options on 1,200 BTC, each valued at $98,000, with the options set to expire at the end of January. This move indicates a strong belief in a short-term surge in Bitcoin's price.
Investor Places $2 Million Bet on Bitcoin Call Options for January
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