A whale address has made a significant investment in Bitcoin call options, paying $10.22 million in premiums for options with a notional value of $353 million. The purchase includes 1,300 BTC call options with a strike price of $100,000, expiring on February 27, 2026, and 2,400 BTC call options with a strike price of $98,000, expiring on January 30, 2026. This trade is leveraged 35 times, indicating a high-risk, high-reward strategy.