Bitcoin Traders Stack $4.5B in Calls With $95K Bets Ahead of October Expiry
- —Deribit's $95,000 calls hold 25,030.6 BTC, about $2.07 billion in notional
- —Calls account for 60.24% of bitcoin options open interest, puts 39.76%
- —$90,000 and $100,000 contracts add another 29,719.8 BTC in open interest
- —Bitcoin futures open interest stands at $51.7 billion, down 1.59% in 24 hours
Why it matters: The gap between $95,000 call positioning and max pain near $78,000 signals elevated risk of sharp price swings into the Oct. 30 expiry.
Source: Bitcoin.com