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Bitcoin options trader betting on $50k put option

2026-07-02 01:52:36

Golden Finance reported that Bitcoin fell to $57,700, its lowest level since September 2024, before recovering to $58,800; the market saw $395 million in liquidations, and open interest rose to 768,000 BTC. On Deribit, puts across all tenors are trading at a premium over calls, with one block trade betting on a Bitcoin put option expiring in September with a strike price of $50,000. (CoinDesk)

BTC3.01%

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