Block trade on Deribit signals investor confidence in $SOL rising to $400

An over-the-counter (OTC) options block trade executed on Jan. 20 on the crypto derivatives exchange Deribit suggests that some investors are betting on the price of Solana (SOL) reaching $400 by the end of February, according to a report by CoinDesk. Block trades are typically large orders placed by institutional investors and executed outside of the exchange's regular order book through OTC desks. CoinMarketCap data shows that SOL is currently trading at $257.45, up 8.38% over the past day.
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