Bitcoin options show a maximum pain point of $80K, Wall Street increases its bets
2026-08-06 04:32:34
According to CoinMeta, Wall Street is increasing its bets on Bitcoin, with traders quietly accumulating over $41 billion in futures contracts. Meanwhile, the price targets shown in the options market are much higher than the current trading price of Bitcoin. On August 5th, the spot price of Bitcoin was $64,711, which seems almost cheap compared to the bets placed in the derivatives market. Futures markets hold a dominant position in this context. Binance
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