Bitcoin Options Data Shows Whales Betting Big – Will $50,000 BTC Come in January?

Institutional investor interest flies away as Bitcoin choice open interest shots save high.

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Bitcoin (BTC) choice open interest reached A unprecedented milestone, surging has A staggering $20.5 billion on Dec. 7. This outstanding realization means THE active participation of institutional investors In THE cryptocurrency space. Contrary to eventually contracts, BTC choice come with predetermined expiry prices, offer precious knowledge In traders' expectations And THE the steps feelings.

HAS THE foreground of THE Bitcoin choice walk stands Deribit, to boast A impressive 90% walk share. THE exchange Currently is holding A substantial $2.05 billion open interest For choice expiring on Jan. 26. However, It is value noting that A significant portion of these Paris can lose their value as THE deadline approaches.

Deribute BTC choice open interest For Jan. 26, BTC terms. Source: Déribit

Nevertheless, with THE perspective of A place exchange traded funds (ETF) earn regulatory approval, previously sidelined bullish Paris are to return THE playing field.

How Dear East A Bitcoin call (buy) option?

Currently, THE $54,000 call option together has expire on Jan. 26 East trade has 0.02 BTC, equivalent has $880 has current walk prices. This option need A 25% increase In Bitcoin value on THE following 49 days For THE Buyer has turn A profit. It is outstanding that sellers can hedge their positions using BTC eventually while pocket THE choice prime, mitigate a few of THE perceived risk partner with This commerce.

Analysts to have underlines THE if...