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

CoinDesk
Omkar Godbole @ CoinDesk · 10/24/2024 03:49 EDT

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.

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