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Options open contracts hit new ATH – 468K Bitcoin

March 21, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Fast Take

The whole quantity of funds in (USD worth) allotted in choices contracts.
Choices open curiosity simply hit a brand new all-time excessive of 468,000 Bitcoin, equal to roughly $13 billion.
This is similar notional worth in the course of the 2021 bull run — exhibiting what number of Bitcoin are allotted into choices contracts.
The strike value for March 31 exhibits an enormous dominance for calls round $30,000 — set to position additional resistance on the $30,000 mark.

Options Open Interest BTC: (Source: Glassnode)
Choices Open Curiosity BTC: (Supply: Glassnode)
Options Open Interest USD: (Source: Glassnode)
Choices Open Curiosity USD: (Supply: Glassnode)
Options Open Interest by strike price: (Source: Glassnode)
Choices Open Curiosity by strike value: (Supply: Glassnode)

The put up Choices open contracts hit new ATH – 468K Bitcoin appeared first on CryptoSlate.

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