An investor bet over $2 million on $98,000 worth of BTC call options at the end of January.

Lin Chen, Head of Business Development for Asia Pacific at Deribit, posted on X that an investor paid a single premium of $1.14 million to buy call options on 1,200 BTC for $98,000 each at the end of January, making two consecutive purchases. This means a total bet of over $2 million, anticipating a short-term surge.