options platform Derive
Nick Forster works at options platform Derive Nick Forster is the founder of options trading exchange Derive.xyz. Derive chose Celestia (TIA) for data availability in its V3 release Derive told CoinDesk that one trader took a $68 million bet that BTC's spot price would climb above $90,000 just after U.S. midterm election in early November. Derive offers options trading on Bitcoin. Derive's market-implied probability of Bitcoin exceeding $100,000 by Christmas rose from 9.7% to 12%. Derive's market-implied probability of Bitcoin falling below $70,000 by Christmas dropped from 15.6% to 11%.· Entity summary generated by Graphiti
Relation timeline
BY VALID-FROM DATE- options platform DeriveHAS MARKET IMPLIED PROBABILITY OF EXCEEDINGBitcoin
Derive's market-implied probability of Bitcoin exceeding $100,000 by Christmas rose from 9.7% to 12%.
- options platform DeriveOFFERS BETS ONBitcoin
Derive offers options trading on Bitcoin.
- options platform DeriveHAS MARKET IMPLIED PROBABILITY OF FALLINGBitcoin
Derive's market-implied probability of Bitcoin falling below $70,000 by Christmas dropped from 15.6% to 11%.
- options platform DeriveTOLD TOCoinDesk
Derive told CoinDesk that one trader took a $68 million bet that BTC's spot price would climb above $90,000 just after U.S. midterm election in early November.
- options platform DeriveCHOSEN FORCelestia
Derive chose Celestia (TIA) for data availability in its V3 release
- Nick ForsterWORKS AToptions platform Derive
Nick Forster works at options platform Derive
- Nick ForsterFOUNDER OFoptions platform Derive
Nick Forster is the founder of options trading exchange Derive.xyz.
Relations are facts Graphiti extracted from reports, not verbatim quotes. An end date means later reporting showed the relation no longer holds.
Source reports 4
- A $68 million bitcoin bet is targeting a post-midterm election breakout to $90,000CoinDesk · 2026-10-26
- Bitcoin drops to $81,400 as Asian chip stocks tumble, options traders seek downside protectionCoinDesk · 2026-10-20
- Bitcoin’s $100,000 dream slips away as $939 million crypto wipeout pushes traders toward $78,000CryptoSlate · 2026-10-16
- Ethereum, Altcoins See 'Outsized Drawdowns' Due to Macro PressuresDecrypt · 2026-10-15