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24 October 2020

Market Wrap: Bitcoin Has Light Response to OKEx While Ether Options Traders Make Beacon Bets - CoinDesk

Market Wrap: Bitcoin Has Light Response to OKEx While Ether Options Traders Make Beacon Bets - CoinDesk


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Market Wrap: Bitcoin Has Light Response to OKEx While Ether Options Traders Make Beacon Bets.

Yet, in the bitcoin options market, traders appear to be preparing for further fallout.

Open interest in bitcoin options keeps trending upward, according to Purdy. .

Specifically, Purdy sees a trend with an increase in the put/call ratio on bitcoin options.

“Bitcoin options open interest keeps climbing as the put-to-call ratio is seen increasing,” said Purdy.

Ether traders are loading up on options for a Dec

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