A certain big investor has recently been spending lavishly. They immediately purchased two sets of call options worth 1.14 million USD each, buying 1200 BTC at the end of January with a strike price of 98,000 USD. In total, over 2 million USD in real money is just for this bet. What signals does this operation reveal? Clearly, it’s a bet on a short-term surge. Such large-scale options positioning usually indicates a strong bullish outlook on the market’s upcoming trend. Whether it’s institutions or seasoned players, deploying such a large amount to configure bullish positions exposes their risk exposure. It’s worth noting that these whale-level options moves often serve as market indicators—after all, being able to invest this level at once shows they have their own judgment on the market rhythm.