Offshore Bitcoin futures crash 97% as traders abandon traditional risk

Bitcoin στα 81.000 δολάρια: Η Strategy εκτινάσσεται 16% — Futures, options και HODLers αλλάζουν την αγορά

Το Bitcoin κινείται πάνω από τα 81.000 δολάρια, ενώ η Strategy κερδίζει 16,4%, τα offshore λήγοντα futures υποχωρούν 97% από το 2021 και τα options μετατρέπονται σε βασική θεσμική υποδομή. by sofokleous10..gr

REALITY CHECK | Traditional Bitcoin Futures Market Down 97% in 5 Years as Perpetuals, Options Gain Ground

Bitcoin’s derivatives market is increasingly shifting away from traditional dated futures as perpetual contracts take a larger share of leveraged trading and options gain ground in hedging and volatility strategies. Dated Bitcoin futures activity across offshore crypto-native venues tracked by Glassnode has fallen about 97% from its 2021 level, while options have expanded from roughly a quarter of crypto-native Bitcoin derivatives open interest …

Bitcoin’s Old Futures Trade Is Vanishing as Perpetuals and Options Take Over

Offshore dated Bitcoin futures activity is down roughly 97% from 2021 levels, but the market did not simply disappear. Traders split the old job between perpetuals and options.

Offshore Bitcoin futures crash 97% as traders abandon traditional risk

A strange thing has happened to Bitcoin's derivatives market over the past five years. The market is larger, institutions play a much bigger role, exchanges offer more sophisticated products, and traders have become far better at moving risk around. At the same time, one of the products that helped build that market has almost disappeared […]