Source: Coindesk.com
A large long BTC straddle crossed the tape on Deribit, betting on a volatility explosion by the end of November. To be profitable, the options strategy needs prices to move above $87,000 or below $53,000 by expiry.
A large bitcoin (BTC) options trade executed on Deribit early Wednesday anticipates a shift
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The post "Whale Alert: $1M BTC Trade Bets on Volatility Expansion Outside $53K-$87K Range" appeared first here Coindesk.com.
Source: Coindesk.com
