بتكوين
شراء

The whale is likely trying to hold spot while using put to hedge

With the current rally gradually slowing down, options implied volatility has declined slightly across all major terms, with short-term BTC IV currently around 45% and long- term ATM IV also generally below 60%, and short-term ETH IV around 54% and long- term ATM IV near 67%.
On the block trade side, there were more Block puts traded today, accounting for nearly a quarter of the total volume, with nearly $300 million traded.
Just one contract, BTC-25OCT24-55000-P, traded $90 million, dominated by active buying, apparently laying out a protective put for the US election.
The whale is likely trying to hold spot while using puts to hedge downside risk.
Technical Indicators

يعمل أيضًا:

إخلاء المسؤولية