🚀🚀Preparation for a Fall in Bitcoin: Institutional Investors Are Increasing Their Short Positions! 🚀🚀
Institutional Bitcoin (BTC) investors are increasing their short positions, creating ongoing data anxiety in the market.
According to data provided by Deribit, the bearish trend in Bitcoin has become especially evident in the options market. The distribution of Bitcoin options showed an increasing need for investors to hedge against downside risk. The implied volatility of short-term Bitcoin options has signaled that price fluctuations are expected in the near future.
Following the recent Bitcoin price correction, the number of put options increased, indicating that investors are preparing for a decline.
According to data from Deribit, the put-call ratio of Bitcoin options rose above one before the weekly expiration date last Friday. This was interpreted as a possible decline signal in the market.
Institutional investors reacted to bearish expectations and strengthened their short positions. It was stated that while there was a significant amount of put options, especially at the $ 58,000 strike price, there was also a significant amount of put options at the $ 52,000 and $ 48,000 price levels.
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