On Deribit, a large volume of BTC call options were purchased for the end date of the U.S. election at $65,000
Odaily reports that an official from Deribit announced on X that today's largest BTC bulk option: a user purchased 65,000 call options for November 8 (the end of the U.S. election), totaling 150 BTC, and paid a premium of $625,000. This user is long-term bullish on BTC and expects positive news to be released around the time of the election. If the price exceeds $69,700 at settlement time, it will be profitable.
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