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TechFlow news, January 6 — According to Lin Chen, Head of APAC Business at Deribit, today a user paid $559,000 to purchase 97,000 call options expiring on January 10, amounting to 150 BTC in total. The trade will become profitable if the BTC price exceeds $100,000 by expiration.
According to Lin Chen, Head of APAC Business at Deribit, a user today paid $559,000 to purchase 97,000 call options expiring on January 10, totaling 150 BTC, which would become profitable if the BTC price exceeds $100,000 at expiration.
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