2026-01-05 05:22:22

Do you remember the trader who spent $2.68 million on January 30th to bet on BTC breaking the $100,000 mark? Now, there are new developments.

The 3,000 BTC call options (expiring on the 30th) he bought at that time have rapidly appreciated. According to the latest quotes, these options are now valued at 0.0195 BTC (approximately $1,813), meaning his unrealized gains have already reached $2.463 million!

Since placing the bet on January 1st, this "New Year Lottery" is now paying off. In just one month, the paper gains have nearly doubled—reflecting the market's strong expectation of BTC breaking through a key price level. The surge in option prices indicates a shift in market sentiment and confirms that large holders are optimistic about the subsequent trend.

Whether he can truly lock in the profits depends on whether BTC can maintain its strength. But based on the correlation between spot prices and option pricing, this bet has indeed hit the market's rhythm.

BTC4,58%

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GasFeeCrier

· 01-08 00:36

Damn, this guy made a fortune, increased by 2.46 million in a month? I really need to learn how to trade options.

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YieldWhisperer

· 01-07 23:07

wait so the math here... $2.68m in on 3000 calls and now we're looking at $4.9m notional? ngl that's either perfect timing or survivor bias talking. everyone's gonna gloss over the 50 other traders who got liquidated same week lol

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BlockchainArchaeologist

· 01-06 19:04

Damn, this guy made a killing. Doubling in a month—this is no longer a dream.

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SchrodingerGas

· 01-05 05:52

This guy really hit the game-theoretic equilibrium point, betting 2.68 million in one shot... If you ask me, this is a classic case of rational expectations self-fulfillment. Once market sentiment forms positive feedback, the nonlinear nature of option pricing takes off directly. Protect profits? That's tough. It depends on whether BTC can maintain this strong bullish expectation. Once the expectation collapses, option prices will fall even more sharply than the spot price.

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UnluckyLemur

· 01-05 05:52

This trader directly won big, relying on a single option to double the returns. Truly amazing.

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BanklessAtHeart

· 01-05 05:49

This guy really bet right, with a floating profit of 2.46 million... just worried that he'll dump it all at once during a pullback.

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SleepyValidator

· 01-05 05:48

Wow, this guy is really incredible. Doubling in a month. --- The main thing is that we really timed the BTC move correctly. Now it's just a matter of whether we can hold on. --- 2.46 million in unrealized gains. I need to sleep for several days before I dare to check the account. --- This is why we all dream of having a "New Year Lottery." --- But honestly, the risk of taking over now is quite high too. --- Options are really a matter of luck. Some people get rich overnight, while others get liquidated immediately. --- Breaking 100,000 in BTC truly changed the entire market sentiment. This brother made a killing.

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CrossChainMessenger

· 01-05 05:47

Oh my god, this guy made a fortune. His monthly earnings went from 2.68 million to over 5 million. I'm stunned.

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StablecoinAnxiety

· 01-05 05:30

2.68 million to over 5 million, this guy is really a gambling god reincarnated... If it were me, I would have run away long ago.

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YieldHunter

· 01-05 05:23

yo actually if you look at the greeks on this... dude got lucky with timing, not skill. unrealized gains mean nothing till settlement, and we all know how these options plays crater once volatility contracts. the real question is what's his risk-adjusted return per dollar of capital at risk... tbh sounds like pure degen lottery to me, but degens do print sometimes i guess

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