🚀 Big moves in the crypto world! As Q1 wraps up, a hefty $1M+ BTC options trade on Deribit shows some bearish vibes. The trader snagged 1,180 contracts of the $70K put option, hinting at a potential price dip from the current $84K. 🤔

Block trades like these are usually hush-hush, keeping market rates steady. Other intriguing plays include a put ratio spread and a risk reversal, as noted by Pelion Capital's Tony Stewart.

With BTC puts trading at a premium, it seems investors are a bit jittery about upcoming tariff talks. What do you think? Are we in for a rollercoaster ride? Share your thoughts below!