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Data: A user purchases 100,000 call options at the end of the year

According to today's block trade data released by Deribit officials, a user purchased 100,000 call options at the end of the year, totaling 1250 BTC and paying a premium of $4.737 million. Officials explained that long-term bullish, believing that interest rate cuts + general elections by the end of the year will push the price of BTC sharply higher.