Whale Spends $10.22M on BTC Call Options at $100K and $98K Strikes on Deribit
A large trader purchased 1,300 BTC call options with a $100,000 strike expiring February 27, 2026, and 2,400 BTC call options with a $98,000 strike expiring January 30, 2026, on Deribit, paying a total premium of $10.22 million, on-chain analyst Ai 'Ai' (@ai_9684xtpa) reports. The trades represent leveraged long exposure to $353 million worth of BTC. The transactions were executed around the same time but may not belong to the same buyer.