Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow reports, according to order flow data from Amberdata, as Bitcoin prices rose, there was a significant increase in buying activity for Bitcoin call options with strike prices of $75,000 or higher on the Deribit platform, while investors also heavily sold put options. Greg Magadini, Head of Derivatives at Amberdata, said: "This flow indicates stronger bullish sentiment toward Bitcoin's spot price and an expectation of accelerating price volatility."
According to order flow data from Amberdata, as Bitcoin prices rose, there was a significant increase in the purchase of Bitcoin call options with strike prices of $75,000 and above on Deribit, while investors also heavily sold put options. Greg Magadini, Head of Derivatives at Amberdata, said: "This flow indicates stronger bullish expectations for the spot price of Bitcoin, along with an expectation of accelerating price volatility."
Navigating Web3 tides with focused insights
