Institutional Investors Set Their Sights on This Date for Bitcoin: Here Are the Price Expectations! - Coin Bulletin

According to the data shared by Deribit, investments in the March futures options for 100,000, 115,000, and 120,000 dollar call options in the Bitcoin options market are noteworthy as investors continue to maintain optimistic expectations for high price levels.

According to the posts on the Twitter account of Deribit, a cryptocurrency derivatives exchange, the Bitcoin options market, which is generally preferred by institutional investors, had a strong start at the beginning of the year. With the impact of ETF inflows, a total of 12 million dollars was invested in the March futures 100,000, 115,000, and 120,000 dollar Call options. These transactions were made both to close short positions and for new investments.

According to Deribit's statements, 98,000 and 100,000 dollar options also saw significant demand in the January futures. In March futures, purchases of 120-140,000 dollars stood out and the level of 120,000 dollars also became the focus of investors. In addition, a small-scale sale of approximately 11.3 million dollars was made on the 70,000 dollar Call options for September.

Stagnation in Ethereum

On the Ethereum side, option activity remained at low levels. However, Ethereum's volatility indicator (Dvol) is trading at a premium of 10% higher than Bitcoin. Bitcoin's implied volatility (IV) data is a measure of how much the price can fluctuate in the future and usually moves within a narrow range. However, there has been a significant increase in trading activities for call options expiring in March. This indicates that investors are expecting an upward movement in Bitcoin prices for March and this expectation has led to a slight increase in implied volatility.