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Greeks.live: BTC options market sees massive volume of transactions, with cumulative volume of call options transactions exceeding $120 million throughout the day
2024-11-26 15:57
Odaily News According to Adam, a macro researcher at Greeks.live, the Bitcoin options market has seen a massive amount of large transactions. Since 21:00 in the evening, a total of more than 6,000 BTC worth of Bitcoin has been traded, and the total volume of large call options traded throughout the day has exceeded $120 million. Among them, nearly 5,000 BTC were traded for active purchases of December 27 call options at a price of $92,000 to $100,000, and this buying behavior is still ongoing. In addition to the high number of purchase orders, the premium for this wave of purchases is significantly higher than usual, and the premium cost is about twice the price. The whales are taking action, and the big market is likely to be just around the corner.