Institution Takes $25M Hedge Bet on Derive’s Bitcoin Options Market as U.S. Election Looms

The institution set up a multi-legged strategy in Derive’s onchain options market, generating $25 million in volume.CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

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  • bitcoinBitcoin(BTC)$117,853.00-1.51%
  • ethereumEthereum(ETH)$3,560.70-3.97%
  • rippleXRP(XRP)$3.12-11.48%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$762.00-2.01%
  • solanaSolana(SOL)$186.65-7.04%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.237948-9.77%
  • staked-etherLido Staked Ether(STETH)$3,552.16-3.90%
  • tronTRON(TRX)$0.307909-1.87%
  • bitcoinBitcoin(BTC)$117,853.00-1.51%
  • ethereumEthereum(ETH)$3,560.70-3.97%
  • rippleXRP(XRP)$3.12-11.48%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$762.00-2.01%
  • solanaSolana(SOL)$186.65-7.04%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.237948-9.77%
  • staked-etherLido Staked Ether(STETH)$3,552.16-3.90%
  • tronTRON(TRX)$0.307909-1.87%