Options traders just got a lot less bullish on $BTC for 2026.
Derive.xyz data cited by The Guardian: puts made up 68% of Bitcoin options premiums in the first 12 hours after the Binance hack, versus 43% in the prior five days.
Odds of $BTC reaching $100K by year-end are now priced at about 3.5%, down from 6% last Wednesday.
My take: options show fear, while spot has been steadier, so the two are telling different stories. Not financial advice.
Are you hedging with puts here, or ignoring the options market? Tell me why.
#Bitcoin #Options #CryptoMarkets
Derive.xyz data cited by The Guardian: puts made up 68% of Bitcoin options premiums in the first 12 hours after the Binance hack, versus 43% in the prior five days.
Odds of $BTC reaching $100K by year-end are now priced at about 3.5%, down from 6% last Wednesday.
My take: options show fear, while spot has been steadier, so the two are telling different stories. Not financial advice.
Are you hedging with puts here, or ignoring the options market? Tell me why.
#Bitcoin #Options #CryptoMarkets