Whale makes a big move to position for BTC bullish options, unrealized gains have exceeded $2.46 million

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According to market tracking data, an active whale decisively opened a position on January 1st, spending $2.68 million to buy 3,000 BTC call options contracts with a strike price set at $100,000, and an expiration date of January 30th.

From the initial investment to current gains, this options position has performed remarkably well. The price of the options contract has risen from the time of opening to 0.0195 BTC (approximately $1,813 USD), meaning the account has accumulated an unrealized profit of up to $2.463 million USD.

Considering that BTC is currently fluctuating around $90,000, this options trade even in the short term shows significant profit potential. The whale’s move suggests an optimistic outlook on BTC’s future trend and a willingness to bet real money on whether BTC can break through the $100,000 mark before the end of January. With less than three weeks until the options expire, ongoing developments are worth paying close attention to.

BTC1,35%
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