Analyst: Put Options Still Dominate the Market, Today's BTC Large Block Put Option Trading Exceeds $1 Billion

Odaily News: Adam, a macro researcher at Greeks.live, posted on the X platform stating that put options continue to dominate the market. Today's BTC large block put option trading exceeded $1 billion, accounting for 37% of the total, with out-of-the-money options between $60,000 and $65,000 being the main focus. In terms of maturity, the primary activity was in medium-term options for the next month and March, indicating that institutions hold a negative outlook on the medium to long-term market trend, with a stronger bearish expectation within the next one to two months.