Data: BTC options flow, rather than futures liquidation, is becoming a more influential force in driving price movements

ChainCatcher News, Glassnode posted on social media stating, "As options open interest (OPI) begins to compete with futures, the landscape of bitcoin derivatives is changing. The market is shifting towards strategies that define risk and volatility, which means that options flows, rather than futures liquidations, are becoming a more influential force impacting price movements."