The '$300K Bitcoin Lottery' Grows Even Bigger as Traders Chase Upside – Time to Step Back?
2025-07-04 04:15:24
Description
Earlier this month, CoinDesk highlighted the rising demand for the Deribit-listed $300,000 bitcoin BTC call option, noting it as one of the most popular bullish plays for the all-important June quarter expiry. Now, this bet has become the most popular in the impending quarterly expiry, reinforcing its appeal as a " lottery ticket" for traders anticipating a bitcoin price rally above $300,000 by the end of the next month. At press time, the $300,000 call option was the most popular bet in the Jun...
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