Greeks.Live: Today, the largest large orders of encryption Options in history occurred, betting on a strong Q3 market performance.

BlockBeats News, on June 5, Greeks.Live analyst Adam posted on social media, “Today there was the largest crypto options block in history, with a total notional face value of $1.19 billion, worth 11,350 BTC, and a premium of $7.5 million.” “This block trade consists of two parts, one is the September bull market spread, which is long the mid- to long-term volatility and price, and the other is to sell the June at-the-money call, and the second part can form a calendar spread with the September buy, which means that the short-term market performance is not optimistic. The nearly $1.2 billion option block believes that the June gain is limited, and the third quarter may have a significant big rally, even as much as a 50% increase. Recently, there is a lack of funds and hot spots in the market, but in the long run, various benefits will continue to be released, which is also in line with the mainstream thinking of the market in the near future.”