Bitcoin options open interest jumps 20% to $50.81B
- —Bitcoin options OI reached $50.81B, up 20% day over day
- —Calls make up 61.73% of open interest, puts 38.27%
- —Calls account for 67.68% of 24-hour volume, puts 32.32%
- —Top contracts: $95K, $90K and $100K calls expiring Oct. 30 on Deribit
Why it matters: The call-heavy positioning signals traders are betting on further upside rather than hedging against a pullback.
Source: TokenPost