Calls bought were $35.2M versus puts bought at $14.7M in $BTC options. The biggest print was a $2.45M buy in the 28AUG26 78000 call, and blocks were 36% of flow.

Since 2021, days in this very low band saw a median -0.1% BTC move over the next 7d (n=390, base +0.1%, 5y of records). History, not a forecast.