ChainCatcher news, according to CoinDesk, according to order flow data tracked by Amberdata, as the price of Bitcoin rose, the buying activity of Bitcoin call options with a strike price of $75,000 and above on Deribit surged, and investors also sold put options.

Greg Magadini, director of derivatives at Amberdata, said: "This flow pattern indicates a bullish outlook for Bitcoin spot prices (due to put option sales), while also expecting price volatility to accelerate."