Trader acquires BTC call options on Deribit worth 2.86 million USD with 100,000 USD strike price

A trader purchased 3,000 BTC call options on Deribit at a strike price of 100,000 USD, costing approximately 32.4 BTC. The options will expire on January 30, 2026, with an implied volatility of 41.8%.

To achieve a profit, BTC must surpass 100,953.67 USD when the options expire. Falling below 100,000 USD would result in a total loss of the investment.

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