EconomyBitcoin traders hedge $60K and load up above $78K, leaving the low $70Ks exposed
Bitcoin’s September options expiry has 130,670 BTC in open interest, but DWF Labs says the headline jump from August mostly reflects routine quarterly positioning rather than a direct Federal Reserve bet. Calls have turned stronger as spot Bitcoin ETFs attracted about $1.92 billion last week, while the $78,000–$82,000 range appears to be the market’s most relevant near-spot upside zone.
Bitcoin traders hedge $60K and load up above $78K, leaving the low $70Ks exposed
Economy