BTC options open interest reaches all-time high of around $20 billion
According to Coinglass data, the open interest of Bitcoin options has reached a historical high of about 20 billion US dollars. The increase in open interest indicates higher liquidity and more market participants.
Most of the options traded in the past 24 hours were call options, with call options accounting for 60% and put options only accounting for 40%.
In addition, according to Velo Data, most of the active Bitcoin options are call options with a price of 50,000 US dollars and an expiration date of January 26.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget donates HK$12 million to support fire rescue and reconstruction efforts in Tai Po, Hong Kong
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
