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Data shared by marketplace analyst Chang demonstrates that early Wednesday, sector members traded 550 contracts of BTC $45,000 strike contact choice expiring in March 2024 on Deribit. Consumers, anticipating a ongoing price tag rally in bitcoin in the coming months, paid out a cumulative premium of $1.5 million for the bullish bets. On Deribit, just one possibilities contract signifies one BTC.
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