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Don't look at Bitcoin bouncing back and forth around $80k; the "top predators" on the chain have already placed real money bets! Just now, DeliBit's Lin Chen revealed a hot scoop: a super whale just threw out a massive order of 800 BTC. This guy's moves are straight out of a "textbook bullish" playbook: what did he do? He bought a May 15th bull spread. Breakdown of the bold move: on one hand, he heavily bought $80k call options, which is like using $80k as a springboard; on the other hand, he sold $85k call options to hedge. Subtext: this big shot clearly knows what he's doing—he believes Bitcoin will definitely "skyrocket" early this month, targeting straight for $85k! Honest thoughts from the blogger:
Big whales are big whales—no fluff, they directly use options worth 800 Bitcoin to "guide" the market. This isn't some empty talk; I genuinely think Bitcoin could break through the clouds before mid-May. Since such a whale is leading the way, shouldn't our small hearts feel a bit more at ease? Today's poll:
Do you believe this 800-Bitcoin whale's vision, that Bitcoin can hit $85,000 by mid-month, or do you think he'll get "harvested" by the market in a reverse move? Leave your thoughts in the comments and see who can ride the whale! 👇