2026-01-16 05:30:12

Whales stir up waves again in the options market. Recently, the Deribit exchange saw a large buy of call options, with 1,300 BTC options contracts expiring in February 2026 with a strike price of $100,000 being purchased, followed by another 2,400 contracts expiring in January 2026 with a strike price of $98,000. Although these two transactions occurred close in time and the buyer's identity has not yet been confirmed to be the same entity, the total premium paid amounts to $10.22 million, indicating the ambitions of major market players.

From a data perspective, what does this operation suggest? When whales make large purchases of call options, it often reflects a bullish outlook on the market. Especially with this strategic move spanning over a year and targeting the $100,000 mark, it may indicate that market optimism about BTC's medium-term rally is brewing.

BTC-0,37%

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GmGmNoGn

· 01-19 05:19

Is the whale planning to unleash a big move again, throwing down 10.22 million dollars just to gamble 100,000 dollars?

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CodeAuditQueen

· 01-16 20:31

With a premium of 10.22 million invested, how much confidence does that require... It feels just like an unaudited contract, with risks deeply embedded.

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AirdropJunkie

· 01-16 19:58

Whales are playing tricks again... $10.22 million poured in straight to $100,000, these guys really dare to think.

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GasGasGasBro

· 01-16 17:27

Whales are playing chess again, throwing over 10 million dollars into options... Let's just watch as small investors.

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SandwichTrader

· 01-16 06:00

10.22 million dollars invested, these whales are really determined --- 100,000 USD, talking as if it's a small amount... but such a big move really shows something --- Wait, two separate orders? That seems a bit complicated, wouldn't a single wave be better? --- Damn, over a year span and still so aggressive, I just want to know where these whales are getting so much money --- The open interest on call options is so high, if they really go all in... forget it, I better not think about it, I can't afford to play anyway --- The 100,000 mark feels like betting on a psychological level? So exciting --- The premium of 10.22 million directly thrown out, I just can't understand what these people are thinking --- This move, either a huge profit or... don't even mention it --- Watching whales play is fun, but we can only dry watch

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SandwichDetector