Bitcoin ETF holders and companies holding BTC on their balance sheets are strengthening protection against a potential price drop below $60 000. According to Deribit, demand for protective put options with strike prices in this zone is increasing in the market.
📉 This is not about mass liquidation but active hedging: major participants are limiting risks in case of increased volatility. The very fact that demand for protection is rising indicates that the $60 000 level is perceived as a key support.
The market is still holding above, but the trend in options suggests that institutions are hedging their portfolios against a deeper correction while remaining in long positions.
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#CelebratingNewYearOnGateSquare 🪙 Institutional players insure BTC against falling below $60 000
Bitcoin ETF holders and companies holding BTC on their balance sheets are strengthening protection against a potential price drop below $60 000. According to Deribit, demand for protective put options with strike prices in this zone is increasing in the market.
📉 This is not about mass liquidation but active hedging: major participants are limiting risks in case of increased volatility. The very fact that demand for protection is rising indicates that the $60 000 level is perceived as a key support.
The market is still holding above, but the trend in options suggests that institutions are hedging their portfolios against a deeper correction while remaining in long positions.