Glassnode: Bitcoin Options Market Maintains Defensive Positioning, with Put Buying Dominating Trading Volume
Source:
x.com
According to an analysis by Glassnode, data shows that put buying accounted for 28% of the total premium volume traded in the options market over the past seven days, continuing to dominate active trading volume; put selling accounted for 26.8%, and call buying accounted for 24.1%. Overall fund flows remain skewed toward downside protection rather than upside exposure.