Markets· ★★★· bullish·

Bitcoin Options Open Interest Rises 0.68% to $51.74B, Calls Dominate at 59.28%

  • —BTC options open interest reached $51.74 billion, up 0.68% in 24 hours
  • —Calls make up 59.28% of all outstanding positions
  • —The call-heavy book signals traders are positioned for further upside
Why it matters: A call-dominated options book shows traders are betting on further gains, but the lopsided positioning raises the risk of a sharp unwind if BTC turns lower.
Source: Coinotag