Deribit CEO: Options market data shows derivatives traders overwhelmingly bullish, betting on greater rebound potential for BTC

Odaily Planet Daily News: Although Bitcoin has continuously hit historical highs in the past few days, arousing investors' interest, there are also concerns about whether it is too late to join the game now. Luuk Strijers, CEO of Deribit, a cryptocurrency derivatives exchange, pointed out that according to options market data, cryptocurrency derivatives traders appear overwhelmingly bullish, betting on greater rebound potential for Bitcoin. According to Deribit's data, for options expiring on March 28th next year, the open interest of call options is approximately 40632, which is more than 170% higher than the 14680 of put options. Among these options, call options with strike prices of $120000, $110000, and $100000 have the highest open interest. （marketwatch）