A trader who bought a $100,000 call option on Bitcoin is now sitting on a $2.463 million unrealized gain

BlockBeats News, January 5th, according to on-chain analyst Whale Auntie (@ai_9684xtpa), the whale who previously bought 3000 $100k BTC call options expiring on January 30th on Deribit, is now sitting on a profit of $2.463 million, having spent a total of $2.86 million in premium.

If the whale holds until expiration, they will lose the full $2.86 million if BTC is below $100,953.67 on that day. However, they can take profit at any time if BTC rises.