Bitcoin options premiums plummet after reaching record levels, as the market may enter a volatility contraction phase.

[Golden Finance] According to a chart released by a data platform, the Bitcoin Options premium hit a record last Friday, approximately 226 million USD (with about 69% being call options), indicating that both bulls and bears are repricing risks. By Monday, the premium plummeted to around 18 million USD, with put options primarily being sold, while call options remained roughly stable—suggesting a decrease in protective demand; the market tends to believe it will enter a stabilization/Volatility contraction phase.

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BrokenYieldvip
· 22h ago
smh... smart money dumping their calls while retail fomo-ing in. seen this movie before
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CryptoDouble-O-Sevenvip
· 22h ago
This wave of suckers being played for suckers is steady.
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alpha_leakervip
· 22h ago
Short positions have gone bad, and the premium has changed like this.
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StakeWhisperervip
· 22h ago
Be Played for Suckers is back again.
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MetaDreamervip
· 22h ago
The market has stabilized quickly this time.
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AirdropHunterKingvip
· 22h ago
Laughing to death, I got played for a sucker by the options bull again, the usual market data.
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