According to on-chain analyst Aiye (@ai9684xtpa), a whale has purchased 1,300 BTC call options with a strike price of $100,000 and an expiration date of February 27, 2026, and 2,400 BTC call options with a strike price of $98,000 and an expiration date of January 30, 2026, on Deribit. The total premium paid for these options amounts to $10.22 million. These call options correspond to $353 million worth of BTC. It is currently unclear whether they belong to the same individual, but the purchase times are very close.
Whale Spends $10.22M on BTC Call Options Worth $353M
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Summary
A whale on Deribit has purchased 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. The total premium paid amounted to $10.22 million, covering BTC worth $353 million. The activity in the options market indicates a bullish outlook on BTC's price movement. It remains unclear whether these trades originated from the same entity, although the timing is very close.
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