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BTC block options on Deribit buy $54,000 put options at the end of July, or worry about the impact of tonight's CPI data on the market

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2024-07-11 03:42:00
Lin Chen, head of Asia-Pacific commerce at Deribit, wrote on the X platform that the largest BTC block option today is: someone paid a premium of $302,000 to buy a put option of $54,000 at the end of July, totaling 310 BTC. According to the analysis, this person has been bearish recently and may be worried that the CPI inflation data at 8:30 pm today (Thursday) will be too high, causing interest rate cuts to be delayed again and causing market panic.
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