Greeks.live: Multiple large purchases of BTC put options highlight institutional investors actively hedging against downside risk.

Odaily Planet Daily News Greeks.live macro researcher Adam posted on the X platform that today there were only five large bulk orders for cryptocurrency options, all for Bitcoin. Multiple large purchases of put options indicate increasing market concerns about falling cryptocurrency prices, especially the purchase of a risk reversal trade (valued at $33,445,520.00), highlighting that institutional investors are actively hedging against downside risks. The risk reversal strategy reflects that while investors are protecting against downside risks, they maintain a conservative outlook on upside potential, indicating increased market uncertainty.