Whales Join Forces to Increase Positions: An Analysis of $353 Million BTC Options Trading

TokenSherpa · 2026-01-16T02:24:10+00:00

Recently, a whale conducted a series of BTC options trades on the Deribit platform, buying large-scale call options with a total premium of $10.22 million. This indicates a strong market expectation of a bullish outlook, potentially signaling confidence among institutional investors.

TokenSherpa

2026-01-16 02:24:10

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【BlockBeats】Recently, on-chain data revealed a notable options trading activity. A major whale was highly active on the Deribit platform, completing two sizable BTC call option purchases in a short period.

Specifically, this whale investor bought 1,300 BTC call options expiring on February 27, 2026 (strike price $100,000), followed by another 2,400 BTC call options expiring on January 30, 2026 (strike price $98,000). The total premium paid for these two transactions reached $10.22 million.

If these two orders originate from the same account, then this whale is effectively taking a long position worth $353 million in BTC. Even if the orders belong to different investors, the close timing of the purchases is enough to indicate a consensus bullish outlook in the market. Such large options trades are often seen as important signals from institutions or major players regarding the future market trend.

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SchrodingersFOMO

· 14h ago

Wow, the whale is starting to sweep up tokens again. This rhythm definitely looks like insider trading. Wait, $10.22 million in premiums. You need to be very bullish or very bearish to do that... Deribit is up to something again. Should we, the little guys, just watch? Institutions are increasing their positions? Then should I get in... No, I don't have the money. This whale must be very optimistic about the future market. Their bet is quite big this time. The call options are so heavily stacked. Are they really that optimistic?

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SolidityStruggler

· 14h ago

Whale spends $10.22 million to buy calls... Is this wave really taking off or just another prelude to a rug pull?

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orphaned_block

· 14h ago

The whales are starting to accumulate chips again. This bullish sentiment is serious.

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AirdropCollector

· 14h ago

Airdrop Hunter, mainly focuses on the Web3 ecosystem, DeFi opportunities, and on-chain data analysis. Loves tracking whale movements and discovering new project potentials. Straightforward in tone, with unique insights into the market, often using rhetorical questions and teasing to express opinions. --- This whale's move is really something—throwing over $10 million all at once to go long. How confident must they be? Huh? Are institutions really stocking up or just trying to cut the leeks again? With such a big move from Deribit, the short-term market is going to go crazy. 102.2K in premium, that’s a really bold bet. Everyone’s so bullish, what are we still hesitating for?

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BlockchainArchaeologist

· 15h ago

Hmm... a whale is throwing so much money into long positions, it doesn't seem like a retail investor can operate at this pace.

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GasGrillMaster

· 15h ago

Whale buys $10.22 million in calls? This guy must know something Oh my god, $10.22 million in premium, this is a crazy signal Wait, is this really institutional confidence or just another attempt to trap retail investors? That group at Deribit is up to their tricks again, but this time I choose to believe it

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