Bitcoin (BTC) options traders are sending mixed signals, with same-day expiry positioning clustered around a $63,000 put while longer-dated open interest remains skewed toward upside bets led by an $80,000 call—highlighting a market that is hedging near-term downside risk even as it keeps one eye on a higher-price regime. Data from Deribit, the largest cryptocurrency options exchange, showed total Bitcoin options open interest at 30,569 contracts as of Thursday UTC (June 19), representing roughly $1.92 billion in notional value.
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