The open interest of $80,000 Bitcoin put options on Deribit has reached 10,278 contracts, worth over $860 million
This article is machine translated
Show original
Planet Daily News: Data shows that the outstanding put options for $80,000 Bitcoin on Deribit have reached 10,278 contracts, valued at approximately $864.26 million. Analysts believe that traders are seeking downside protection amid economic uncertainty and potential trade tensions. Later on Wednesday night in the United States, Trump is expected to announce comprehensive tariffs on trade partners, which could lead to a full-scale trade war and prompt Bitcoin traders to pursue downside protection. (CoinDesk)
BTC
0.54%
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content