Whale's 3,000 BTC call options have an unrealized profit of 2.46 million, and the key price level is right here

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【Blockchain Rhythm】On January 5th, a large trader placed 3,000 BTC call options on Deribit, expiring on January 30th with a strike price of $100,000, paying a premium of $2.86 million. As of today, this position has already realized a profit of $2.463 million.

Based on the current market conditions, as long as BTC does not break through the $100,953.67 level at expiration, this whale will have to absorb the entire $2.86 million loss. Of course, he can also choose to take profits early at any time, without necessarily waiting until the delivery date. This move indicates that the market still has some imagination about the potential upside of BTC.

BTC-0,62%
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CountdownToBrokevip
· 01-08 00:32
Wow, 2.46 million in unrealized gains. This guy's guts are really something; I haven't even lost my boxers yet.
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fren.ethvip
· 01-07 06:54
This whale's move is indeed bold; they invested 2.86 million and now have an unrealized profit of 2.46 million. Truly a big risk-taker.
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BearHuggervip
· 01-05 02:42
This whale is really bold, throwing 2.86 million just to gamble a bit... Now with a floating profit of 2.46 million, I haven't dared to withdraw it all, fearing a correction would wipe it out completely.
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ContractHuntervip
· 01-05 02:40
This whale really has guts, throwing in 2.86 million, now with an unrealized profit of 2.46 million... If you ask me, this is just gambling on sentiment.
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FortuneTeller42vip
· 01-05 02:29
This whale really has guts. Two months ago, they bet 2.86 million on BTC to hit 100,000, and now they're sitting on a profit of 2.46 million... They really made the right bet.
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TrustMeBrovip
· 01-05 02:23
2.86 million invested with a floating profit of 2.46 million. This guy has a really big gambling spirit. He needs to break through 100,000 within 25 days to win effortlessly.
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