According to TechFlow, Lin Chen, head of Asia-Pacific business at Deribit, posted on the social media platform X that the Bitcoin DVOL volatility index continued to rise and has now reached 67.24, which is higher than 84.7% of the time in the past year.
Chen said that market sentiment has gradually recovered and volatility has increased significantly in the past two weeks, which may be due to investors beginning to increase option purchases.
