A trader bought a massive batch of BTC call options, paying $50M in premiums. These options give the right to buy BTC at specific prices on set dates — and they’re ultra-bullish:
- $112K–$120K strikes for July 25 (3,750 BTC total)
- $115K & $140K strikes for Sept. 26 (7,600 BTC total)
Is this a bet on $120K BTC by late July — and $140K by September?
