A major investor has placed a $10 million bet on Bitcoin options, targeting a price of $100,000. The trades, executed on Deribit, include 1,300 call options expiring on February 27, 2026, with a strike price of $100,000, and 2,400 call options expiring on January 30, 2026, with a strike price of $98,000. The total premium paid for these options is $10.22 million. It remains unclear if the trades were made by the same individual, but they were executed in close succession, indicating a strong bullish sentiment with a 35x leverage.
Whale Bets $10 Million on Bitcoin Reaching $100,000 by 2026
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