Bitcoin options open interest drops to $38 billion
- —Bitcoin options OI: $38.07 billion, down 0.46% over the day
- —Calls account for 61.12% of OI, puts for 38.88%
- —In trading volume, puts took 52.80% versus 47.20% for calls
- —The largest trading volume is the $78,000 call expiring September 14 on Bybit
Why it matters: The continued dominance of calls in OI points to a medium-term bullish sentiment, but the rising share of puts in volume signals risk hedging.
Source: TokenPost