Bitcoin traders have quietly stacked more than $41 billion into futures contracts, while the options market is flashing price targets thousands of dollars above where bitcoin actually trades. At $64,711 on Aug. 5, spot bitcoin looks almost cheap compared with the bets piling up across the derivatives market. Binance Dominates the Futures Battlefield Binance controls…
Bitcoin traders have quietly stacked more than $41 billion into futures contracts, while the options market is flashing price targets thousands of dollars above where bitcoin actually trades. At $64,711 on Aug. 5, spot bitcoin looks almost cheap compared with the bets piling up across the derivatives market. Binance Dominates the Futures Battlefield Binance controls […]
Source: https://news.bitcoin.com/market-updates/bitcoin-options-flash-80k-max-pain-as-wall-street-loads-up/
