Whale buys 500 BTC call spreads at $90K and $95K strikes
- —Spread: buy $90,000 call, sell $95,000 call
- —Size of 500 sets, expiring at month-end
- —Maximum profit capped at the $95,000 strike
- —Lower upfront cost than buying a single call
Why it matters: A whale's directional bet may signal expectations of a month-end BTC move, though it is a single position and not a market-wide signal.
Source: TokenPost