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CoinOtag 2024-07-08 16:23:39

Bitcoin Investors Brace for Further Decline Amid Rising Put Options

Bitcoin has recently experienced sharp fluctuations, causing options traders to forecast further downward pressure. According to data from Deribit, mentioned by ETC Group analysts, there has been an increase in put positions among options traders. Analysts have noted that this rise in put positions indicates that traders are seeking protection against potential further declines in

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