Bitcoin Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop

Bitcoin Options Open Interest Nears All Time High – But Rise in Puts Could Presage Drop

Maria Prymachenko. Ukrainian bull. 1977 (Ввласенко/Wikimedia Commons)

While open positions in bitcoin (BTC) options have risen to near record-high levels, it’s not necessarily a good thing for those hoping for the rally in the cryptocurrency to continue.

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