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Bitcoin's $100K Call Takes the Crown From $120K Bet as Most Popular Options Play on Deribit

Traders opt for a more conservative bet, reassessing their expectations in the wake of the recent price sell-off.

Open interest distribution in BTC options listed on Deribit. (Deribit/Amberdata)
Open interest distribution in BTC options listed on Deribit. (Deribit/Amberdata)