Are you still speculating on local stocks? Is this the trend for everyone you buy? #MEME

A business owner bought 150 BTC worth $125,000 call options expiring at the end of September and sold 100 BTC worth $125,000 call options expiring at the end of the year, earning a total of $500,000. @DeribitOfficial =》 Optimistic about the near-term rise, but doubtful it will break $131,000 by the end of the year. 🤯

Last night, a boss bought 20,000 SOL PUTs with a price of 170 at the end of September, paying $220,000. Is that really that scary? 😳

Today's largest ETH block option: A business owner bought a PUT at 3500 by the end of the year and sold a CALL at 4600, totaling approximately 3000 ETH, earning a premium of 1.57 million. =》 Willing to hold spot, but estimates the ETH price at the end of the year to be <5175.

Today's largest BTC block option trade: A major investor sold 110,000 PUTs expiring at the end of June next year and bought 100,000 PUTs, totaling 800 BTC, earning a premium of 1.73 million. 💰 => Long-term holders sold the bear spread to collect interest, predicting that BTC would not fall below 110,000 by mid-next year. They also hedged their risk with 100,000 PUTs, a fairly conservative strategy.

I'm so moved! The ETH/BTC pair has broken through 0.04 and is heading towards 0.05; we've finally returned to the price of last August. It briefly dipped below 0.02; so many people using regression trading strategies have given up or been liquidated. I'm so moved! Those who have managed to hold on until now deserve to be making money.

This Friday, approximately $11.8 billion in BTC holdings expired @DeribitOfficial, representing approximately 30% of total holdings. The put/call ratio is 0.88, with the highest pain point at $116,000.

This Friday is August's options expiration @DeribitOfficial , with approximately $3.1 billion in ETH options expiring, representing 26% of total open interest. The put/call ratio is 0.72, with the biggest pain point at 3800. Congratulations to the options buyers on their big win. 🥳

Singapore is such an amazing place: a bunch of kids in diapers and earmuffs watching a monster truck flip over; the 50,000-seat National Stadium was practically packed. So rich! 😂

The largest BTC options block trade in the past day: A business owner bought 300 BTC worth of 110,000 put options expiring at the end of September, paying $887,000 USD. => Worries that this correction will cause the price to fall below 107,000. September will bring the biggest recent macro risk: the decision to cut interest rates. Large positions generally reduce their exposure before this event to mitigate risk, so recent volatility and corrections are inevitable. However, I personally believe that unless the US stock market plummets, BTC will merely fluctuate and not necessarily experience a significant drop.