Well, this is unusual.
On June 5th, someone opened new $COIN $50 weekly puts for $107,000. They were 19% OTM & expired in four days!!!
On June 6th, the SEC sued Coinbase, $COIN.
Those positions were up 2572%.
They turned $100K to millions.
Someone always knows. pic.twitter.com/NRtZOqSRZt
— unusual_whales (@unusual_whales) June 7, 2023