Bitcoin Options Open Interest Soars as Traders Eye $100,000 Milestone
Bitcoin options open interest has surged by 25% in just three days, skyrocketing from $30.33 billion to $37.92 billion, significantly outpacing BTC’s modest 5.5% price increase. This explosive growth highlights traders’ growing preference for convex options strategies over traditional linear futures positions—a trend often indicative of impending volatility in the spot market. Deribit’s strike sheet reveals a overwhelmingly bullish sentiment, with a staggering 17,420 call contracts concentrated at the $100,000 strike price, signaling strong confidence in Bitcoin’s upward trajectory. As of April 25, 2025, the cryptocurrency market is abuzz with anticipation, as this options frenzy could foreshadow a major price movement in the near future.
Bitcoin Options Open Interest Surges 25% as Traders Target $100,000 Strike Price
Bitcoin options open interest exploded from $30.33 billion to $37.92 billion in just three days, far outpacing BTC’s 5.5% price appreciation. The frenzy reflects traders’ preference for convex options strategies over linear futures positions—a dynamic that often precedes volatile spot market movements.
Deribit’s strike sheet reveals overwhelming bullish sentiment, with 17,420 call contracts clustered at the $100,000 strike. Significant call concentrations also appear at $110,000 (10,660 contracts), $95,000 (11,730), and $90,000 (11,600). Downside protection remains sparse, with only 11,590 puts stacked at $80,000.
BTC Price ‘Omega Candle’ Rally Coming?
Prince Filip Karađorđević of Serbia and Yugoslavia suggests Bitcoin’s current price trajectory may be artificially suppressed by market players. Drawing parallels to the 2021 cycle, he warns of potential delays in the 2025 rally but remains bullish on BTC’s long-term deflationary value.
"There will be one point where [Bitcoin price] will run away," Filip stated, emphasizing its eventual breakout despite short-term pressures. His comments highlight the tension between market manipulation and Bitcoin’s inherent scarcity-driven appreciation.
Metaplanet Joins Institutional Bitcoin Accumulation as Exchange Reserves Shrink
Bitcoin’s institutional adoption wave continues as Japanese investment firm Metaplanet announces a 145 BTC purchase, bringing its total holdings to 5,000 BTC. This strategic accumulation mirrors MicroStrategy’s playbook during a period of tightening exchange supplies.
Exchange reserves hit notable lows while spot Bitcoin ETFs maintain voracious appetite, absorbing $2.2 billion worth of BTC in just three trading days. The supply crunch coincides with renewed price Optimism from industry figures like Michael Saylor, whose bullish projections appear increasingly validated by market structure.
Adam Back Predicts Bitcoin at $1 Million by 2025: Technical Analysis or Cryptographic Legacy?
Adam Back, a pivotal figure in Bitcoin’s ecosystem and creator of HashCash, has made a bold prediction: Bitcoin could reach $1 million by 2025. His forecast blends technical precision with historical intrigue, given his enigmatic connection to Satoshi Nakamoto, who cited Back’s work in the original Bitcoin whitepaper.
Monetary tightening, institutional adoption, and the steadfastness of long-term holders are cited as key drivers for this potential surge. Back’s analysis isn’t mere speculation—it’s a calculated projection rooted in macroeconomic trends and Bitcoin’s deflationary design.
The prediction fuels both excitement and skepticism. Is this a cold-eyed assessment from a cryptography pioneer, or does Back’s proximity to Bitcoin’s origins lend his words the weight of prophecy? The market will decide—but the stakes have never been higher.
Bitcoin Price Stalls at $94K as Altcoins Rally and Whales Accumulate
Bitcoin’s price hovered NEAR $94,200, a key Fibonacci resistance level, as the market witnessed divergent trends. While BTC consolidated, altcoins seized the spotlight with aggressive rallies—a typical rotation pattern during periods of Bitcoin stagnation.
Whale accumulation signals underlying strength despite the pause. Traders appear to be capitalizing on altcoin volatility, though the $94.2K golden ratio remains a technical battleground for BTC. Market structure suggests this consolidation may fuel further altcoin momentum before Bitcoin’s next decisive move.
