Deribit @DeribitExchange   options suggest traders are preparing for a $400 $SOL by end of February.

A significant $SOL options block trade crossed the tape on Deribit via the OTC network @paradigm late Monday, suggesting expectations for a price rally to $400 by the end of February.

The trade, structured as a bull call spread, involved a long position in the $280 call and a simultaneous short position in the $400 call, with 10,000 contracts for each leg and both legs set to expire on Feb. 28, according to block flows tracked by @Amberdataio. 

Block trades are large orders usually placed by institutions executed over-the-counter (OTC), outside the exchange's order book.
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#SOL #SOL