Elsewhere, open interest in the $80,000 strike BTC call, offering an asymmetric upside potential to buyers beyond the said level, increased above $1.6 billion, according to data source Deribit. Traders have been piling into the $80,000 call since before the U.S. election, anticipating a breakout before the end of year-end.

Go to Source to See Full Article
Author: Omkar Godbole