TechFlow reports that Adam, macro analyst at Greeks.live, pointed out on X platform that tonight's resumption of US stock trading warrants attention, particularly whether ETF trading will continue to drive down cryptocurrency prices.
According to today's block trade data, the turnover of large block put options reached $120 million, accounting for as high as 16%, significantly up from normal days.
Among these, block trades exceeding five million dollars were primarily focused on selling short-term puts, while smaller orders were mainly buying short-term puts.
Although logically speaking, today's market conditions remain pessimistic, major players increasingly believe the market has stabilized.
Add to Favorites
Share to Social Media
