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TechFlow reports that Lin Chen, Head of APAC Business at Deribit, posted on X platform stating that in today's largest BTC block options trade, an investor purchased 550 BTC worth of call options with a strike price of $65,000 expiring at the end of March next year, paying $5.896 million in premium. Chen believes this indicates a long-term bullish trend.
Lin Chen, Head of Asia-Pacific Business at Deribit, posted on X that in today's largest BTC block options trade, an investor purchased 550 BTC worth of call options at $65,000 expiry for late March next year, paying a premium of $5.896 million, which Chen believes indicates a long-term bullish trend.
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