💣 $490 MILLION in put contracts are sitting at a 40k Bitcoin strike — making it one of the LARGEST option strikes of the entire current cycle. These aren't retail bets. These are smart money hedges from people holding BTC spot who want to get paid massively if we crash there.
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💣 $490 MILLION in put contracts are sitting at a 40k Bitcoin strike — making it one of the LARGEST option strikes of the entire current cycle. These aren't retail bets. These are smart money hedges from people holding BTC spot who want to get paid massively if we crash there.
#Bitcoin #BitcoinOptions #BTC40k #CryptoHedge #OptionsMarket