Deribit Exchange Sees Institutional Bullish Bets on Bitcoin With $140K+ Strike Prices

Bitcoin’s rally is gaining momentum as institutional investors increasingly position themselves in Deribit’s BTC options market. The exchange reported strong buying activity for $110,000 call options expiring in June and July, along with calendar spreads targeting $140,000 by September.

Deribit’s data shows clear institutional participation, with traders anticipating further price appreciation. The $110,000 calls indicate near-term bullish expectations, while the $140,000/$170,000 spread reflects confidence in a sustained bull market through year-end.

Options activity often precedes spot market movements. This institutional accumulation through derivatives could drive Bitcoin’s next upward surge, mirroring previous cycles where sophisticated capital flows fueled parabolic price advances.