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A trader executed a notable BTC options transaction for January 2024

Large options trade executed by trader: The trader engaged in purchasing call options for 115,000 USD and selling at 125,000 USD, involving a total premium of 935,000 USD. This indicates anticipation of Bitcoin price increases before January 2024.

Implications of the trade for Bitcoin: This strategy limits risk while allowing potential benefits from Bitcoin’s rising price. The execution samples a trend among traders expecting significant appreciation in Bitcoin value in the upcoming months.

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