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TronWeekly

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Bitcoin Options Market Signals: $100M Put Trade and Its Implications

  • A massive $100M Bitcoin put option trade signals caution, with institutions preparing for potential market downturns.
  • The $60,000 strike price put options could protect portfolios, betting on a significant Bitcoin drop of 30% or more.
  • Institutions are hedging against risk, indicating concern over medium-term stability in the Bitcoin market.
  • The trade suggests a defensive approach and portfolio protection, rather than a quick profit motive.

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