![Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance’s Guilty Plea Crypto Traders Load Up on Bitcoin Topside Option Plays After Binance’s Guilty Plea](https://digitallifegaming.com/wp-content/uploads/2023/11/P7LNVENKG5BULKGRYVVXV5N7CU-768x402.jpg)
[ad_1]
[gpt3] a new article in English that is SEO-optimized and incorporates as many relevant keywords as possible. The article should be based on the information provided in the existing post content. Additionally, please include a dedicated FAQ section and a conclusion section to enhance the reader’s experience
Data shared by market analyst Chang shows that early Wednesday, market participants traded 550 contracts of BTC $45,000 strike call option expiring in March 2024 on Deribit. Buyers, expecting a continued price rally in bitcoin in the coming months, paid a cumulative premium of $1.5 million for the bullish bets. On Deribit, one options contract represents one BTC.
[/]
[ad_2]
Source link