Deribit Exchange Sees Surge in $100K Bitcoin Call Options as Traders Bet on Six-Figure Rally
The Bitcoin derivatives market kicked off 2026 with a wave of bullish sentiment, as traders aggressively positioned for a potential rally to $100,000. Deribit, the leading crypto options exchange, reported surging demand for January-expiry call options at that strike price—a clear bet on short-term upside.
Wintermute's Jasper De Maere noted concentrated activity in $100,000 calls expiring January 30, alongside portfolio repositioning. The MOVE coincides with climbing open interest and positive funding rates, signaling professional traders are building exposure to upward momentum.