
Bitcoin options OI hits $44B as futures trading cools
Traders have pivoted to options as Bitcoin encountered resistance at $99,000.
Read crypto research, data-driven reports, on-chain studies, and analytical deep dives into Bitcoin, Ethereum, and Web3 trends.

High open interest at $120,000 strike price shows the market is betting on a big finish for Bitcoin in 2024.

The gap between Bitcoin's price and true market mean price shows significant unrealized profits and potential market cooling.

The rising preference for regulated exchanges reflects the market's shift toward compliance and stability.

Despite reaching an all-time high, Bitcoin’s velocity continues to drop, signaling a new era of institutional accumulation.

December's options/futures open interest ratio spike shows how traders' hedging exacerbates Bitcoin’s price volatility.

Despite significant profit-taking, robust demand Bitcoin hovering near the $100,000 mark.