Former BitMEX CEO Arthur Hayes has taken to Twitter to announce that he has bought some Bitcoin put options with a strike price of $15,000. They will expire in March 2023.
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Hayes’s tweet came after the price of the largest cryptocurrency slipped to $19,244 on the Bitstamp exchange earlier today due to the FTX contagion.
Tue, 11/08/2022 - 15:23
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Bitcoin then managed to reclaim the $20,000 after Binance announced that it had reached an agreement to acquire FTX, with crypto markets being buoyed by the deal.
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However, the top cryptocurrency has now reversed course, plunging to yet another intraday low of $18,943.
Vladislav Sopov