BTC Options Market Turns Bullish $45B in Open Interest Led by Deribit

Open interest in Bitcoin options has surged to $45B, with Deribit dominating the flow.

June 27 marked a major quarterly expiry: 139,000 BTC (~$15B) settled.

A put-to-call ratio of 0.75 highlights bullish sentiment, with max pain sitting at $102K.