Markets· ★★★· neutral·

Bitcoin options open interest rises to $37.99B as $75K puts lead daily volume

  • —BTC options OI at $37.99B, up 1.98% day over day
  • —Calls make up 59.48% of OI, puts 40.52%
  • —Puts took 57.08% of $3.57B in daily volume
  • —Largest OI clusters are $95K, $100K and $90K calls for Oct. 30
Why it matters: The gap between stacked calls and heavy daily put demand signals traders are hedging near-term downside risk below $75,000.
Source: TokenPost