The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
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Bitcoin (BTC) Options Trader Pays $1M Premium on Bet for Volatility Surge
The trade, a so-called long straddle, saw the entity pay a net premium of over $1 million to purchase 100...