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Deribit CEO: Crypto derivatives traders are preparing for further gains for BTC
2024-11-18 12:09:11
Odaily News Luuk Strijers, CEO of cryptocurrency derivatives exchange Deribit, said that according to Dow Jones Market Data, Bitcoin hit an all-time high of more than $93,000 per coin on Wednesday, up 151% over the past year. According to Deribit data, for Bitcoin options expiring on December 27, the open interest of call options is about 79,216, which is about twice that of put options (about 39,505). At the same time, for options expiring on December 27, the open interest of call options with a strike price of $100,000 is the highest, indicating that investors are betting that Bitcoin may be as high as $100,000 by the end of the year, which means that cryptocurrency derivatives traders are preparing for further gains in BTC. (marketwatch)