Crypto Derivatives Signal Bitcoin’s Next ATH—Here’s What Traders Aren’t Telling You
Bitcoin's derivatives market is screaming louder than a crypto Twitter thread—but what’s the real signal beneath the noise?
Leverage, liquidity, and hidden whale moves.
Futures open interest just hit levels last seen before the 2021 supercycle. Perpetual swaps funding rates? Neutral despite spot price rallies—a rare divergence that’s got OGs side-eyeing the order books.
Options traders are betting big on $150K strikes by December. Either they know something or they’re overleveraged gamblers (spoiler: Wall Street’s involved, so probably both).
Meanwhile, retail FOMO hasn’t even kicked in yet. The last time this many institutional players front-ran Main Street, we got the ‘ETF approval pump-and-dump’ of 2024. But this time… it’s different. *eyeroll*
One hedge fund manager actually used the phrase ‘asymmetric upside’ unironically. Lock in profits or ride the gamma squeeze? Your call—just don’t cry when the CME gaps get filled.
