According to Greeks.live, which examines cryptocurrency derivatives, major investors think the market is more stable than in recent days.
According to Greeks.live data, today 16% of large transactions made at once (120 million dollars) It was used in large-scale put options. This is compared to an ordinary day much higher a rate.
Cryptocurrency followers are wondering how spot Bitcoin ETFs will impact the markets today. Bitcoin price rose above $48,000 after ETFs began trading on Thursday, before falling to $42,000.
US markets, which were closed due to yesterday’s public holiday, are expected to reopen today.
According to Greeks.live’s post, among the transactions made at once and worth at least 5 million dollars, Sales transactions for short-term put options came to the fore. It was observed that short-term put options were purchased in smaller-scale transactions.
Analysts, “The market still doesn’t look good logically today But the big traders, the market is more stable “It’s possible he’s thinking.” said.
