From a positioning perspective: Block trade on an exchange: BTC bear put spread plus long call, size 75 contracts, notional value $6.0199 million
$BTC 24h trading volume was $774 million, price -0.2%. Whether volume expands on a decline determines whether this is concentrated selling or a normal pullback; the news is only the trigger—the funds ultimately have the final say.
This view may not be correct; please manage your own risk.
$BTC 24h trading volume was $774 million, price -0.2%. Whether volume expands on a decline determines whether this is concentrated selling or a normal pullback; the news is only the trigger—the funds ultimately have the final say.
This view may not be correct; please manage your own risk.