Bitcoin Options Traders Cut Hedges Ahead of Fed Meeting, Put/Call Ratio Falls to 0.52
According to Glassnode, Bitcoin options traders have reduced defensive positions ahead of the Federal Reserve meeting scheduled for Wednesday, July 29. The put/call ratio on open interest fell to approximately 0.52 from 0.76 in late June, signaling a sharp decline in downside hedging. Large traders
BTC-1.94%
GateNews·07-27 15:54
