Deribit: A certain options trader bought 800 BTC of bull call spreads

May 4, 2026 14:54:51

Lin Chen, the head of Asia-Pacific business at Deribit, stated in a post that a certain options trader bought 800 BTC in a bull spread, purchasing $80,000 in call options and selling $85,000 in put options. The trader is optimistic about BTC prices rising at the beginning of this month.

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