Bitcoin (BTC) options positioning tilted further toward the upside Tuesday, with both medium-term exposure and near-term trading activity pointing in the same bullish direction—an alignment that can amplify momentum when prices start to move.
Data compiled by CoinGlass as of 12:40 a.m. ET on July 21 showed total Bitcoin options ‘open interest’ (OI) at $31.89795 billion, up 2.66% from $31.07260 billion the previous day. Total options trading volume over the same period came in at roughly $3.08251 billion, highlighting continued activity from both hedgers and directional traders.
The… Read more
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