BTC Put Options Surge on June 24, Over One-Third of Large Trades Strike 60K-63K

BTC-2.54%

According to Greeks.live researcher Adam reported by BlockBeats, more than one-third of large BTC options trades on June 24 were put options, concentrated in contracts expiring by month-end with strike prices between $60,000 and $63,000, reflecting a rise in market hedging sentiment.

U.S. equities volatility increased over the past two days as accumulated market risks unwind, with crypto markets experiencing related pullbacks. Market participants are concerned about potential correlated declines across multiple asset classes.

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