Block trade on an exchange: Sold 150 BTC put options with a $78,000 strike, expiring on October 23 | $BTC Spot price: 82030.15
This seems negative at first glance, but the impact depends on how heavy the selling pressure is afterward. A genuine breakout needs to be backed by volume; breakouts on low volume often fall back into the range.
This seems negative at first glance, but the impact depends on how heavy the selling pressure is afterward. A genuine breakout needs to be backed by volume; breakouts on low volume often fall back into the range.