Just came across this: Block trade on an exchange: BTC options combo trade (7 contracts), size 100 contracts, notional value $7.3643 million.
Shorts after seeing it: Bad news! Longs after seeing it: Already priced in. Me after seeing it: Let me get a drink of water first.
$BTC What do you think?

Just my personal take; I may be wrong, so take it with a grain of salt.