Source: TheMerkle.com
As Bitcoin prices continued to slide, the options market presented a peculiar scenario with a notable absence of put options being traded.
According to data from Greekslive, the majority of trades yesterday were calls, indicating a bullish sentiment prevailing in the market.
The situation was particularly striking in the Ethereum options market, where call option trades constituted a staggering 90% of the total trades—a level of extreme share rarely witnessed.
Bitcoin
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Source: TheMerkle.com