Analysis: Bitcoin put option trading volume has increased significantly in the past 24 hours

Data from the Bitcoin options bulk market shows that in the past 24 hours, the proportion of Bitcoin bulk put options transactions has increased significantly, exceeding US$1.15 billion, accounting for 28% of the total market transactions. Transactions are mainly concentrated in shallow out-of-the-money put options this week and this month, and 10.4K to 10.8K is the trading intensive area.