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#BTC Highest level in the 25 delta option skew since March 2023.
The latest correction appears amplified by a "reverse gamma squeeze" as traders need to sell BTC to cover the increasing demand for puts.
#BTC Highest level in the 25 delta option skew since March 2023.
The latest correction appears amplified by a "reverse gamma squeeze" as traders need to sell BTC to cover the increasing demand for puts.