A historical record has been broken in Bitcoin options: June and September may have given a big clue for the price of BTC!

Crypto para Option Analysis Company Greekslive, in his latest report, Bitcoin He announced the largest block option process in the market.

In this process, which reached a total of $ 1.19 billion in a total of $ 1.19 billion, a position of 11,350 BTCs was opened and only 7.5 million dollars was paid as a premium.

The block process consisted of two parts:

• Firstly, with 3,800 bull spreadi of September futures, investors are waiting for an increase in both price and volatility in the long term.
• Secondly, the sale of June-futures AT-THE-MONEY (ATM) purchase options was sold. This sales create calendar spreads with September purchases and reveal that the expectation of rise in the short term (for June) is limited.

Greekslive summarized this process as follows:

“This option block process of approximately $ 1.2 billion points out that the upward movement may be limited in June, while points to a strong rise potential of up to 50 percent in the third quarter.”

The price of BTC is traded from a region of approximately 7 %lower than $ 111.970, which is the highest level of all time when this article is written.

*It is not an investment advice.