๐ Bitcoin options lean bullish as derivatives hit $98B
Bitcoin derivatives open interest has climbed to roughly $98 billion combined โ $56 billion in futures and $42 billion in options โ with BTC trading near $81,273.
The options skew is notable: calls account for 60.74% of open interest, with the largest contracts clustered around September strikes between $70,000 and higher levels. The positioning suggests traders are hedging or speculating on upside rather than downside over the medium term.
No single catalyst is cited for the buildup, but the scale of open interest reflects sustained institutional and retail engagement with Bitcoin derivatives markets at current price levels.
Bitcoin derivatives open interest has climbed to roughly $98 billion combined โ $56 billion in futures and $42 billion in options โ with BTC trading near $81,273.
The options skew is notable: calls account for 60.74% of open interest, with the largest contracts clustered around September strikes between $70,000 and higher levels. The positioning suggests traders are hedging or speculating on upside rather than downside over the medium term.
No single catalyst is cited for the buildup, but the scale of open interest reflects sustained institutional and retail engagement with Bitcoin derivatives markets at current price levels.