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Deribit Exchange Hosts Traders’ $300K Bitcoin Call Option – The High-Stakes Mid-Year Bet
Deribit Exchange Hosts Traders’ $300K Bitcoin Call Option – The High-Stakes Mid-Year Bet
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Deribit exchange News -
In the crypto market, bold predictions aren’t just talk—they’re backed by real money. Traders are making high-stakes bets through options that function like lottery tickets, offering massive upside for minimal cost. The standout is Deribit’s $300,000 strike Bitcoin call option expiring June 26, a wager that BTC’s spot price will triple by mid-year.
Over 5,000 contracts are active for the June $300K call, with a notional open interest of $484 million. This makes it the second-most popular option in the June expiry, trailing only the $110K call. Deribit dominates the crypto options space, commanding over 75% of global activity.
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