Open Interest in Bitcoin Options Hits USD 1B as Traders Seek Insurance
Open interest (OI) in bitcoin (BTC) options surpassed USD 1 billion ahead of the halving, with an exponential increase seen across all major marketplaces over the past week. Meanwhile, the bitcoin put-to-call ratio is also on the move, revealing some bearishness in the market.
Although not unusual during bull runs in the spot market, the rising interest in bitcoin Read more »
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