🚨 $40K $BTC PUT EMERGES AS 2ND-LARGEST OPTIONS BET AHEAD OF EXPIRY
Nearly $490M in notional is stacked at the $40,000 strike at the Feb 27 expiry. Strong demand for downside protection remain even as $566M sits at the $75K max pain level and calls still outnumber puts overall #crypto
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🚨 $40K $BTC PUT EMERGES AS 2ND-LARGEST OPTIONS BET AHEAD OF EXPIRY
Nearly $490M in notional is stacked at the $40,000 strike at the Feb 27 expiry. Strong demand for downside protection remain even as $566M sits at the $75K max pain level and calls still outnumber puts overall
#crypto