BTC options market has shown quite obvious movements.
Even though near-term panic hedging hasn't completely subsided, some capital is beginning to position for bullish options.
Starting in late March and April, there has been large-scale buying of call options at 75,000, and what's more interesting is that some of these funds chose to sell put options below 60,000 to fund the purchase of call options.
Additionally, for BTC options expiring in March, call options are around $660 million, while put options are roughly $240 million, with a ratio close to 3:1.
Capital flows don't lie – the market already has considerable force shifting from bearish to bullish positioning.#3月CPI数据出炉
BTC options market has shown quite obvious movements.
Even though near-term panic hedging hasn't completely subsided, some capital is beginning to position for bullish options.
Starting in late March and April, there has been large-scale buying of call options at 75,000, and what's more interesting is that some of these funds chose to sell put options below 60,000 to fund the purchase of call options.
Additionally, for BTC options expiring in March, call options are around $660 million, while put options are roughly $240 million, with a ratio close to 3:1.
Capital flows don't lie – the market already has considerable force shifting from bearish to bullish positioning.#3月CPI数据出炉