BTCC
/
BTCC Square
/
CoindeskEN
/
Deribit Bitcoin Options Open Interest Smashes Record at $42.5B as Traders Position for Next BTC Rally
Deribit Bitcoin Options Open Interest Smashes Record at $42.5B as Traders Position for Next BTC Rally
17
3
Deribit just logged a staggering $42.5B in Bitcoin options open interest—an all-time high signaling traders are doubling down on bullish bets. The crypto casino’s chips are piling up.
With institutional players and degens alike piling into leveraged derivatives, the market’s screaming one thing: everyone’s hunting Bitcoin’s next price target. And yes, that includes the usual suspects—hedge funds pretending they ‘get it’ this time.
When the options market heats up like this, volatility usually follows. Buckle up.
By:
