Someone bet a million dollars that BTC will be over $50,000 by end of 2018.

[adaseb]

Looking at the LedgerX data for Dec 20th.


http://data.ledgerx.com/


Looks like someone bought 275 contracts of the $50000 CALL for Dec 28 2018.

So looks like someone paid about a million, and they are betting that BTC will be at least $53,600 sometime in the next 374 days.

[samuel999]

I guess if you were adopted bit coin very early on and are now very rich from it, might as well Buy that million dollar lottery ticket. If this is some sort of inside information how crazy to think that Paul and possibly get that high, it’s pretty amazing. Thanks for sharing the article.