Bitcoin options open interest hits $37.84B as volume shifts to $78,000 puts
- —Bitcoin options OI at $37.84B, up 2.57% in 24 hours
- —Open interest split: calls 59.85%, puts 40.15%
- —24-hour volume: puts 56.43%, calls 43.57%
- —Top contract by volume: $78,000 put expiring Oct 30 on Deribit
Why it matters: Rising OI with a call skew signals medium-term bullish positioning, while heavy put volume shows traders hedging against near-term downside.
Source: TokenPost