Deribit: $140,000 worth of BTC call options has been overtaken, with open interest now below $85,000 for put options.

According to Odaily Planet Daily, Deribit, a derivatives trading platform, stated on its X platform that the $140,000 Bitcoin call options have lost their leading position, with current open interest at approximately $1.63 billion. In contrast, the $85,000 put options have an open interest of $2.05 billion. This reflects a shift in market sentiment from extremely bullish to extreme downside protection after Bitcoin fell more than 25% to $91,000.