Bitcoin Traders Pile Into Calls as $100B Derivatives Bet Builds
Bitcoin derivatives traders are carrying more than $56 billion in futures exposure and roughly $42 billion in options open interest, while bitcoin sits near $81,273. The stranger part is where the options money is leaning. Market data shows that calls control 60.74% of open interest, the biggest contracts cluster around September strikes from $70,000 to […]
Key Takeaways
- Bitcoin derivatives traders are carrying more than $56 billion in futures exposure and roughly $42 billion in options open interest, while bitcoin sits near $81,273.
- The stranger part is where the options money is leaning.
- Market data shows that calls control 60.74% of open interest, the biggest contracts cluster around September strikes from $70,000 to […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3
Ethereum ETFs Add $29.4M Friday As Fidelity Leads Reported Flows
Read the latest update on Ethereum ETFs Add $29.4M Friday As Fidelity Leads Reported Flows.
Trader With 89% Win Rate Loses $10.68 Million Shorting Zcash
Zcash (ZEC) has climbed 177.8% in a month, and the traders betting against it are paying for that move. One short was closed at a $10.68 million loss this week, and the largest position still open sits $33.87 million underwater on Hyperliquid. Zcash Shorts…
Bitcoin ETFs Add $324.6M As Fidelity Dominates Friday Flows
Read the latest update on Bitcoin ETFs Add $324.6M As Fidelity Dominates Friday Flows.