“This $25 million options trade marks a watershed moment for onchain options trading, and it’s one that could have significant implications post-election. The institution has strategically positioned a unique structure with sold puts, bought calls, and eBTC collateral, potentially standing to make $1,020,000 on the structure if BTC hits $80,000 by November 29 – excluding any gains from the eBTC collateral,” Nick Forster, co-founder of Derive told CoinDesk in an email.
GOAT token soars as Binance lists perpetual contract
Binance launches GOAT perpetual contract with 75x leverage. GOAT meme token jumped 18% to $0.88 amid several other exchange listings....