Greeks.live: This week, whales mainly sold call options, and there were also more buy and put transactions during the decline

According to ChainCatcher news, Greeks.live researcher Adam posted on the social platform that although the Bitcoin halving is imminent, the volatility of BTC has also increased significantly this week, and RV has risen sharply. However, the downward trend of IV in each major term is very obvious, and BTC Dvol has fallen. to 69%, and ETH Dvol fell to 71%.

It is reported that the margin released by quarterly delivery is gradually turning into seller's positions. Each integer mark above 70,000 US dollars has more than 10,000 BTC positions. The whale's operations this week are mainly selling and calling, and there are also more during the decline. Buy put transaction. Generally speaking, the market sentiment is relatively sluggish due to factors such as high macro interest rates, limited ETF capital inflows, the correction of risky assets such as US stocks, and relatively active US regulatory authorities. Buying short-term options while the IV is low is very cost-effective.