Bitcoin Traders Lock $20M in the $200K Call Option | Chart of the Day

Data from Deribit Metrics shows that the bitcoin call option at the $200,000 strike price had a notional open interest of over $20 million. The strike price is almost three times bitcoin’s going market rate of around $67,500. What does it say about the sentiment amid bitcoin's market? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

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