According to @ai_9684xtpa, a whale bought 1,300 BTC $100,000 call options expiring 2026-02-27 on Deribit and 2,400 BTC $98,000 calls expiring 2026-01-30, paying about $10.22 million in total premium, with trade timestamps close together and unclear if they belong to the same entity (source: @ai_9684xtpa on X, Jan 16, 2026). The author estimates the position represents roughly $353 million in notional exposure and characterizes it as a 35x leveraged long targeting $100,000 (source: @ai_9684xtpa on X, Jan 16, 2026). Trading focus: monitor BTC spot and options flow around the $98K and $100K strikes into the Jan 30, 2026 and Feb 27, 2026 expiries on Deribit, as those are the reported positioning levels (source: @ai_9684xtpa on X, Jan 16, 2026).