Does anyone still remember that large BTC options trade at the beginning of the year? At that time, $2.68 million was used to double down on BTC call options expiring on January 30th with a strike price of $100,000.

So, what’s the status of these options now? Data shows that the call options with the same expiration and strike price have now skyrocketed to 0.0195 BTC (about $1,813), with unrealized gains from 3,000 contracts totaling $2.463 million!

Since the purchase at the beginning of the year, even before the delivery date, the position has nearly doubled in value. The price increase of these options is truly outrageous — from the initial cost, the current premium space is quite substantial. If BTC really breaks through $100,000 before the 30th, it will no longer be just unrealized gains.

The market movement is so intense that it’s worth paying attention to how the subsequent trend unfolds.