Markets· ★★· neutral·

Deribit BTC options open interest hits $1.27B as puts dominate 24-hour trading

  • —Open interest: 10,503 calls vs 5,881 puts, put/call ratio 0.56
  • —24-hour volume: 31,347 puts vs 18,626 calls
  • —Max pain at $80,000; biggest OI in $90,000 calls
  • —BTC trades near $77,822, down 2.97% on the day
Why it matters: The gap between accumulated calls and fresh put demand points to downside hedging even as medium-term bullish bets stay in place.
#BTC
Source: TokenPost
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