" Some bitcoin options traders are making outlandish wagers, betting on a rally to a six-figure price by year end even as the cryptocurrency continues to struggle following last month’s 35% drop.
According to data provided by Laevitas, the dominant cryptocurrency options exchange Deribit saw a total of 425 bitcoin (BTC, -4.74%) call option contracts, with a strike price of $200,000 and an expiration date of Dec. 31, change hands on Thursday. That strike price is roughly five times the current level.
A call option is a derivative contract that gives the purchaser the right but not the obligation to buy the underlying asset at a predetermined price on or before a specific date. Theoretically, buying a call at the $200,000 strike expiring on Dec. 31 is a bet that the cryptocurrency will end the year above that level. " - Read Full Article
500K-1.6M BTC BUYER IN LONDON
" We get asked for millions of BTC from billion-dollar companies. We can do it with multiple sellers and multiple wallets."
-9% Gross, -5% Net, F2F, B2B, Escrow, US, Dubai, Abu Dhabi, Switzerland
Seller Mandates Only
NEW: 500K-1.6M BTC @ -9% gross, -5% net, F2F, B2B, Escrow, London, US, Dubai, Abu Dhabi, Switzerland - Look For Multiple Sellers
(Buyer : DA...AI-Tele)
I am direct to Buyer Mandate
A family office in London is looking for 500K-1.6M BTC @ -9% gross, -5% net
The Family Office has multiple offices in UK (London), Dubai, U.S., Abu Dhabi and Switzerland
Looking for Sellers or Multiple sellers.
Escrow = TBD
Seller = Short Chain only. I do not want to talk to 5 brokers.
Buyer = 5%
Buyerside = 2% (closed)
Sellerside = 2% (Ray+2 people)
First tranche = 1000 BTC
Bank to Bank, Escrow, & F2F (London) are all possible.
Terms are negotiable
Locations: US, UK, Dubai, Abu Dhabi, Switzerland and others
If wire transfer is the method, other locations are ok.
Family Office, will need KYC/CIS from seller to prove that they are credible before we can share the family’s KYC.
Lawyer will draft SPA contract to match the process agreed upon by the Buyer & Seller. Buyer is flexible
SELLER MANDATES ONLY
Interested parties should contact :
DM Raymond Chai (on Linkedin)
Telegram: +1 (786) 632 8577