Cryptocurrency options platform Greeks.Live said that the market has calmed down but Bitcoin may experience a sudden decline.
Greekslive posted on Twitter on January 23: in sharingsaid that the market has generally calmed down and there has been a decline in futures options.
The decline in the futures options in question is especially in short term stating that it happened Greekslive, He said that VRP, the index that measures the volatility sensitivity of the market, is at average levels.
Based on the data, the market still extremely fragile It was stated that it was in the waiting phase and investors remained in the waiting phase.
The platform also announced that the biggest transaction of the day $40 million He said the February futures market price was a near futures option transaction. Investors also purchased call options for March maturity.
The result of the block transaction is that, according to Greekslive, large and institutional investors are now optimistic about the rise not but preparation for sale They don’t.
Platform, next market There may be a sudden decline in movement told.