#比特币巨鲸动向 Giant Whale Options Strategy Exposed: Large-scale Purchase of Put Protection

Derivatives market data shows that Bitcoin whales have been unusually active recently in the options market, especially purchasing large amounts of put options for hedging. On May 17th, a whale purchased 5,000 BTC equivalent of put options expiring at the end of June, with a strike price of $55,000. This type of operation usually indicates that large funds want to hold spot while being concerned about short-term downside risks. Meanwhile, some whales are selling call options to collect premiums, showing expectations of a price cap. These complex options combination strategies reflect that professional investors are preparing for potential market volatility, which ordinary investors can view as an important market sentiment indicator.