Deribit Block Trade: A user placed a bet that BTC will decline in January and rise to above $90,000 in February

BlockBeats News, December 9th, according to Deribit official personnel data: Today's largest BTC block trade option trade, a user bought 90,000 USD put options expiring at the end of January and sold 90,000 USD put options expiring at the end of February, with 375 BTC on each side.

It is stated that the user is betting that BTC will fall by the end of January and rise above 90,000 USD in February. With the current market bullish sentiment almost exhausted, some users are betting on a decline due to the risk of being kicked out of the index due to the January Strategy, but they are also optimistic about the market warming up after February.