Recently, something interesting happened—a large order was captured on a leading derivatives trading platform. An on-chain analyst tracked down that a big holder invested $10 million in call options, backing a position scale of $353 million, clearly bullish on Bitcoin heading towards $100,000.



How exactly did they operate? This whale set up a two-pronged strategy: first, buying 1,300 Bitcoin call options expiring on February 27, 2026, with a strike price of $100,000, and simultaneously acquiring 2,400 call contracts with a strike price of $98,000, expiring on January 30, 2026. The total premium for both options amounts to $10.22 million.

Interestingly, although it hasn't been fully confirmed whether these orders were placed by the same person, the timing window of the orders is quite tight. This kind of setup actually lays the groundwork for a clear expectation—there's still plenty of room for Bitcoin to grow.
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VirtualRichDreamvip
· 01-19 02:17
Damn, is the whale about to make a big move again? Dropping 10 million just to bet on $100,000 worth of Bitcoin—I'm loving this rhythm. This big player’s strategic layout looks really confident, but I still want to see how it unfolds. This kind of double options attack strategy—either a gambler or someone who really knows something. $100,000... just thinking about it is exciting, but the risk is definitely at a ceiling level, right? Hey, I’ve seen similar orders blow up in just a month before. This friend’s bet is really quite bold.
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GateUser-c799715cvip
· 01-17 04:40
Wow, a giant whale bets 353 million with ten thousand dollars? That’s a really bold move. The ten thousand dollar threshold doesn’t seem that easy to break... Spending 10 million in premium fees without blinking, is this what makes whales happy? With such a tight two-pronged strategy, I bet it’s the same person playing both sides. Is there still such a big space for Bitcoin? I don’t believe you for a second. If they manage to succeed by investing ten thousand dollars, I’ll have to reflect on how amateurish I am. Just watching the show, waiting to see how this deal ends.
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SnapshotLaborervip
· 01-16 03:50
Whale drops 10 million to play options, this pace... Feels like a hundred thousand dollars is really not a dream --- Bro, with this move, a position of 3.53 billion... I just want to ask who has such confidence --- Placing orders continuously within a two-month window, it seems they're really aiming for 100,000 --- Premium exceeds 10 million, this bet is pressed really hard, I don't have the guts for that --- Contracts for 2026 are already laid out, it seems they really plan to play this long-term
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SwapWhisperervip
· 01-16 03:50
Wow, this whale really dares to gamble. Throwing over 10 million just for this expectation... Position of 353 million? Is this genuine faith or the last frenzy before a dump... Two options with different strike prices, clearly hedging risk while betting on leverage—an old trick of seasoned traders. 100,000 USD? It depends on how much room Bitcoin has left this year; feels a bit overly optimistic. This pace feels like it's creating media hype for mainstream outlets.
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MevHuntervip
· 01-16 03:45
This whale is playing pretty big, going all in on a 353 million position with a bullish outlook. There's still such a long time window until 2026... Not really afraid of a long night with many dreams. Brother, look at this move, it's obvious someone is betting on a big show to come. The $100,000 price level doesn't seem that far away anymore. Spending 10 million in premiums, they must be very bullish on BTC... If this wave succeeds, how many times could it multiply? I'm a bit confused, are these two orders really from the same person? Or are we being played haha. This guy is really bold. I'm still hesitating whether to open a position, and he's already gone all in. Honestly, I'm a bit envious, but I don't have the guts to do that. I'll just stick to my on-chain analysis. This price level looks bullish for layout... but I feel it's a bit too aggressive. Should I wait for a pullback?
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NFTRegretfulvip
· 01-16 03:44
Bro, with a position of 350 million, not many people dare to play like this. Big players are big players. With just two options positions, they've locked in the logic. They know their limits with $100,000. A premium of 10 million isn't small money, but compared to the subsequent position scale... this is a bet that Bitcoin is really going to rise. But on the other hand, this kind of move is like challenging the market—see who has a stronger mentality.
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SatoshiChallengervip
· 01-16 03:42
$10 million premium dares to say they have the right insight, what about the lessons from history? Another genius who thinks they can predict the market [cold laugh] Data shows that large options players always have a high liquidation rate, but who cares? Ironically, can a tight interval prove it's the same person? On-chain analysis is also starting to guess blindly. Interesting, it expires in 2026, but no one knows where Bitcoin will be by then. Objectively speaking, a $350 million position against a $10 million premium, this leverage is really a gamble for life. It's not just me; the leverage masters of 2008 thought the same way. Trying to surpass Satoshi Nakamoto again, huh? And the result? Come on, I bet the situation will reverse in half a year.
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CryptoComedianvip
· 01-16 03:30
The big player's move this time is just outrageous. Spending 10 million in margin just to enter the market, while backing a position of 353 million, this guy is really gambling with his life. --- Bitcoin at 100,000 dollars... speaking so confidently, either he's a genius or he's a complete fool, I'll wait and see. --- Two months apart, so close together, it feels like they're setting up an ambush. Anyway, I'm just waiting to see who is backing the big pancake. --- Laughing until crying, this guy is betting 35.3 million with 10 million in margin. If this multiplier collapses... never mind, I don't want to think about it. --- Selling options at 98,000 and 100,000 strike prices together is indeed clever. But clever people in the crypto world usually don't last more than three months, let's wait and see.
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