#Bitcoin options market is heating up! 🔥

According to Deribit Metrics data, the total value of Bitcoin call options contracts with a strike price of $100,000 has exceeded $993 million, setting a new record for the platform! Close behind is the $70,000 call option, with open interest exceeding $800 million.

Wintermute OTC trader Jake Ostrovskis noted that the market was trending downward until late October/November, but then demand for call options surged. What do you think? See you in the comments!