Binance News
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Market Concerns Rise as Large Bitcoin Options Trades Indicate Downside Risk
According to Odaily, Greeks.live macro researcher Adam reported on the X platform that today saw only five significant cryptocurrency options block trades, all involving Bitcoin. Several large purchases of put options indicate growing market concerns over potential declines in cryptocurrency prices. Notably, a risk reversal trade valued at $33,445,520 highlights institutional investors actively hedging against downside risks. This strategy reflects a cautious stance on upside potential while protecting against downside risks, amid increasing market uncertainty.
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