Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»BLOCKCHAIN NEWS»Bitcoin active supply hits record high amid market changes.
BLOCKCHAIN NEWS

Bitcoin active supply hits record high amid market changes.

By Crypto FlexsNovember 27, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin active supply hits record high amid market changes.
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin has suffered recent declines, but the expiration of a significant number of BTC options today could impact performance over the weekend. Bitcoin price has corrected since reaching a high of $38,000 on November 16.

Today’s expiration of approximately 35,000 Bitcoin options contracts worth approximately $1.3 billion, according to Deribit, is a significant event in the cryptocurrency market.

Current dynamics of Bitcoin and Ethereum markets

The put/call ratio for Bitcoin options today is 0.49, which indicates that there are more long-term contract sellers compared to short-term sellers.

Deribit also highlighted that the total outstanding amount of Bitcoin options stands at $14.6 billion. Interestingly, open interest in BTC options now exceeds BTC futures open interest, signaling increasing market complexity.

luke strijers, Deribit’s CCO commented on this trend:

Leading BTC options open interest on futures is a sign of market maturity. This demonstrates the growing preference for options as a tool for strategic planning, hedging or volatility exploitation, reflecting the evolving sophistication of the market.

Analysts note that despite Bitcoin recently testing the $38,000 level, realized volatility has settled at around 40%.

Additionally, approximately 268,000 Ethereum options contracts are scheduled to expire today, with a notional value of approximately $531 million and a put/call ratio of 0.41.

Even in the Ethereum market, there are more call contract sellers than put sellers. Deribit analysts observed a sharp increase in Ethereum’s realized volatility, reaching 60% in one day, following the news of BlackRock’s ETF application.

Overview of the current cryptocurrency market status

The cryptocurrency market is off to an impressive start to 2023 following a notable 2022. Despite the recent decline of 2.5%, which took the market capitalization below $1.5 trillion, the overall market value increased 28% from last month to $1.44 trillion.

At the time of this writing, Bitcoin was trading at $36,447, up 0.7%, and Ethereum was trading at $1,982, down 3.3%, below $2,000. Other altcoins also showed a decline in value.

Bitcoin USDT daily chart

Post views: 15

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Rhuna Raises $2M Seed Round Led by Aptos Labs to Build Stablecoin Payment Infrastructure for Entertainment

October 10, 2025

Investors surpass 640,000 BTC when looking at Bitcoin Holdings with $ 22 million purchases.

September 30, 2025

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025
Add A Comment

Comments are closed.

Recent Posts

Eightco Holdings Inc. ($ORBS) Expands Its Strategic Vision Into The Enterprise

October 10, 2025

Whale.io Launches Battlepass Season 3, Featuring $77,000 In Crypto Casino Rewards

October 10, 2025

Strengthening the AI ​​Agent Economy

October 10, 2025

‘OG’ Whale Attracts Over $400 Million in Bearish BTC Bet

October 10, 2025

Rhuna Raises $2M Seed Round Led by Aptos Labs to Build Stablecoin Payment Infrastructure for Entertainment

October 10, 2025

Mobile App Change Log 7.17.0

October 9, 2025

Building Tomorrow’s Wealth With Tokenized Gold

October 9, 2025

Dreamcash Celebrates 100,000 Waitlist Signups With Exclusive $50k Giveaway Series

October 9, 2025

Ethereum Price at Risk – Bears Lose Momentum Ahead of New Lows

October 9, 2025

Fanable Gets $11.5M To Power The Future Of Pokémon & Collectibles; $COLLECT Token Farming Goes Live Now

October 9, 2025

Bybit Secures UAE’s First Virtual Asset Platform Operator License From Securities And Commodities Authority

October 9, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Eightco Holdings Inc. ($ORBS) Expands Its Strategic Vision Into The Enterprise

October 10, 2025

Whale.io Launches Battlepass Season 3, Featuring $77,000 In Crypto Casino Rewards

October 10, 2025

Strengthening the AI ​​Agent Economy

October 10, 2025
Most Popular

How a Trading Bot Made $6.8 Million from Pump.fun Memecoins

November 26, 2024

NVIDIA unveils new language model for RTX AI PCs

December 17, 2024

Nine best cloud mining platforms for making money with cryptocurrencies

April 14, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.