Is a Trader Betting on Bitcoin’s Moonshot? Massive Options Bet on BlackRock’s BTC ETF
Image: KI
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Last Tuesday, a trader made headlines by purchasing 3,000 call options on the BlackRock Spot Bitcoin ETF (IBIT), betting on a massive price increase by month-end. The volume of this wager is remarkable, as each option has a strike price of $77, while the ETF was trading at $60.40 at the time of the trade….
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