Bitcoin options open interest rises to $38.5B as $74K puts lead trading volume
- —BTC options OI at $38.53B, up 1.69% day-over-day
- —Calls hold 59.54% of OI, puts 40.46%
- —Puts accounted for 53.3% of 24-hour trading volume
- —Top contract by volume: $74K put, Oct. 30 expiry on Deribit
Why it matters: The gap between OI and volume signals medium-term bullish positioning paired with short-term downside hedging.
Source: TokenPost