Bitcoin Derivatives Market Shows Diverging Trends
- Over the past hour, bitcoin traded between $114,861 and $115,275 per coin around 2:50 p.m. EST.
- Intraday trading saw bitcoin prices fluctuate between $113,696 and $115,792 from Sunday to Monday.
- Derivatives desks report a decrease in futures risk while options exposure remains high.
Bitcoin’s recent trading activity highlights a split in the derivatives market, with lighter futures risk contrasting with persistently high options exposure.
This divergence suggests differing strategies among traders as bitcoin prices remain volatile within a relatively narrow range. Source