Deribit Exchange Sees Surging Institutional Demand for Bitcoin Call Options

Bitcoin’s rally is gaining momentum as institutional investors ramp up exposure through Deribit’s BTC options market. Data shows strong buying activity, particularly in $110,000 strike call options expiring June and July, signaling bullish near-term price expectations.

Deribit reported via social media that institutional BTC positioning has intensified recently, with sophisticated traders employing calendar spreads. These strategies combine long $140,000 September calls with short $170,000 December calls, indicating professionals are positioning for extended upside while hedging risk.

The concentrated $110,000 call interest reflects growing market conviction in Bitcoin’s upward trajectory. As options markets often lead spot movements, this activity suggests potential $140,000+ price targets in coming months.