2026-01-16 02:29:55

A whale on Deribit has recently made a large move in BTC options. This player bought 1,300 BTC call options expiring on February 27, 2026, with a strike price of $100,000, and also purchased 2,400 BTC call options expiring on January 30, 2026, with a strike price of $98,000. The two orders together paid a total premium of $10.22 million (the trading times are close, possibly from the same account, but not fully confirmed). Such an operation is equivalent to a 35x leverage long position, corresponding to an approximately $353 million BTC exposure. From a purely numerical perspective, this is a highly aggressive bullish bet leveraging the high leverage characteristic of options.

BTC-1,72%

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LiquidityOracle

· 13h ago

This whale really dares to play... Dropped $10.22 million just to bet that BTC can break $100,000 in two years. 35x leverage is truly ruthless.

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PumpDoctrine

· 13h ago

Bro, with this move, throwing down 10.22 million just to bet on breaking 100,000 in two years—your guts are really something. 35x leverage options—this isn't investing, it's playing with fire. Are whales really this fierce? Or do they know something we don't?

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AlphaWhisperer

· 13h ago

The size of this whale... has to be very optimistic, with $10.22 million in premiums directly invested. 35x leverage? That's really aggressive, but to be honest, options are risky... Expiring in 2026, this guy is really betting on Bitcoin's long-term upward trend.

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SadMoneyMeow

· 13h ago

Damn, is this whale crazy? Going all-in with 35x leverage, truly fearless. --- Putting in 10.22 million just to gamble on "ten thousand dollars," I really don't have that kind of guts. --- In 2026... Is this guy really optimistic or just a pure gambler? --- This is basically modern-day all-in, exciting but also extremely risky. --- 35x leverage in options is a level only professional traders can handle. As a small retail investor, I wouldn't even dare to think about it. --- A $350 million exposure—one black swan event and it's game over. True man. --- If this wave makes a profit, how many times would I need to multiply to break even? I can't even calculate. --- Anyway, this move is definitely a big shot. Whether it succeeds or not depends on whether Bitcoin gives face. --- Two months between strike prices, still so close. Clearly stacking positions, there must be some tricks behind it.

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ILCollector

· 13h ago

Hmm... Invested 102.2 million with 35x leverage. If this guy isn't a gambler, he must really have a plan. If Bitcoin doesn't reach 100,000 by 2026... this brother might have to go collect loss orders. 35x leverage is truly bold. This big investor probably believes 2026 will break new highs, or he's just completely crazy. But to be honest, this kind of move must be incredibly despairing if it goes wrong.

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LuckyHashValue

· 14h ago

Oh my goodness, 35x leverage. This guy is really crazy. Throwing over 10 million just to bet on BTC rising to 100,000. You must be very optimistic. I would have been unable to sleep long ago.

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