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Head of Deribit Asia-Pacific Business: Today’s largest BTC option block buy expires on March 1st, $52,000 straddle combination

Lin, the head of Deribit Exchange's Asia-Pacific business, stated that today's largest BTC options trade was once again buying a cross-market combination for March 1st: buying both a call and put option for 52,000 on March 8th, totaling 250 BTC and paying a premium of $785,000. The largest ETH trade today was buying 2,000 call options for 32,000 at the end of March, paying a premium of $314,000. The biggest change in the past 1-2 weeks compared to before the Spring Festival is that the large trades are relatively small. Recently, with the release of financial reports for US stocks and the FOMC meeting, the prices of technology stocks have been high, and traditional large institutions are focusing on arbitrage trading or short-term hedging.

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