Two Deribit whale traders who bought Bitcoin call options may lose $8.2 million in option premiums if they do not close their positions early.

BTC-3,2%

Odaily Planet Daily reported that on-chain analyst Ai Yi monitored that a certain whale previously bought 3,000 call options worth $100,000 each, expiring on 2026.01.30, paying a total premium of $2.86 million. Another whale bought 1,300 call options expiring on 2026.02.27 worth $100,000 each, and 2,400 call options expiring on 2026.01.30 worth $98,000 each, paying a total premium of $10.22 million. Today at 4 PM marks the first monthly settlement after the annual delivery. If these two large holders do not close their positions early, they will lose $8.2 million in premiums.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Strategy’s 11.5% dividend equity bounces back faster than historical average to unlock more bitcoin buying

Stretch (STRC), the preferred equity of Strategy (MSTR), has reclaimed its $100 par value, allowing for capital raising to increase bitcoin holdings. STRC adjusts dividends to maintain price stability, facilitating share issuance for bitcoin purchases. Recently, Strategy bought 1,031 bitcoins at $74,326 each.

CoinDesk10m ago

Bitcoin Slumps to $68K as Middle East Peace Hopes Fade

Bitcoin fell 3.6% as geopolitical tensions between the U.S. and Iran rattled global markets. The cryptocurrency dropped from a high of $71,405 to $68,123, cutting its market capitalization to $1.36 trillion and dragging the broader crypto economy to $2.43 trillion. Bitcoin Slides on

Coinpedia34m ago

BTC drops 0.69% over 15 minutes: Options expiration adjustments and risk aversion amplify short-term pressure

On March 26, 2026, from 17:45 to 18:00 (UTC), Bitcoin (BTC) experienced a -0.69% return within 15 minutes, with a price range of $68,385.8 to $68,956.2 USDT and an amplitude of 0.83%. Short-term volatility increased, market attention rapidly heightened, showing concentrated downward pressure. The main driver of this movement was the approaching options expiration, with related position investors adjusting short-term holdings in response to the "maximum pain" zone ($75,000–$80,000), combined with the put/call ratio of options.

GateNews1h ago
Comment
0/400
No comments