Bitcoin’s June 26 options expiry provides a clean snapshot of how risk is being framed several months out, and the picture that emerges is one of deliberate insurance. Total open interest for the expiry sits near $3.92 billion in notional terms as of Jan. 20, with puts outnumbering calls at roughly 23.28K versus 19.87K contracts.
The post Bitcoin traders are dumping billions into insurance in case the price drops to $75k as June options expiry creates a high-stakes price trap appeared first on CryptoSlate. CryptoSlate Read More
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