Why Options Traders Are Suddenly Targeting $200K Bitcoin Strikes

Bitcoin is hovering around $117,826 on Wednesday as open interest in futures and options markets pushes into record territory, signaling intense institutional and speculative activity. The Data Behind Bitcoin’s Quiet Power Shift on Derivatives Exchanges Open interest (OI) in bitcoin derivatives continues its climb as traders allocate capital toward both futures and options amid heightened … Read more

Kraken Derivatives US Launches in Multiple States, Expanding Access to Crypto Futures

Kraken has officially launched its regulated derivatives platform, Kraken Derivatives US, in Vermont, West Virginia, North Dakota, Mississippi, and the District of Columbia. This new offering allows U.S.-based clients to trade CME-listed cryptocurrency futures contracts alongside Kraken’s extensive spot crypto liquidity. The integrated Kraken Pro trading experience provides users with a unified interface for managing … Read more

Coinbase Snags Opyn Leadership in Lift-Out Acquisition

Cryptocurrency exchange Coinbase announced on Friday that it has acquired the leadership team behind Opyn Markets, a crypto derivatives platform. Opyn CEO Andrew Leon and Head of Research Joseph Clark will provide their expertise in areas such as perpetual options or simply “perps,” which are essentially derivative products with no expiry date. The Opyn team … Read more

Ethereum Options Show Bullish Bias Despite Surge in Put Trading Volume

Ethereum futures open interest (OI) held near $33 billion despite minor declines, while options traders showed strong interest in late-2025 bullish contracts. CME and Binance Anchor $33 Billion Ethereum Futures Landscape Ethereum futures essentially allow speculation on ETH’s future price without owning the asset outright. Current OI, reflecting active contracts’ total value, stood at $33.09 … Read more

Bitcoin Futures Demand Grows as Options Market Bets on Rally

Bitcoin derivatives markets show significant activity, with futures open interest reaching $76.21 billion and options traders heavily favoring bullish call contracts. Bitcoin Derivatives Heat Up: Futures Open Interest Grows Nearly 6% in 24H The bitcoin futures market represents agreements to buy or sell BTC at a predetermined price on a future date. A key metric, … Read more

Hong Kong to Introduce Crypto Derivatives Trading for Professional Investors

Hong Kong’s Securities and Futures Commission (SFC) is set to introduce virtual asset derivatives trading for professional investors, aiming to enhance product offerings while ensuring robust risk management. This initiative is part of the city’s strategy to strengthen its position in the global digital asset market, according to Christopher Hui Ching-yu, secretary for financial services … Read more

From $100M Wipeout to $98M Gamble—Wynn’s Back and Betting Big on BTC

Following last week’s liquidation event exceeding $100 million, the infamous Hyperliquid trader James Wynn has once again plunged into the deep end—this time reopening a 40x long position on bitcoin, now valued at more than $98 million. Infamous Hyperliquid Trader James Wynn Dives Back Into the Deep End With 40x Bitcoin Bet On Monday, June … Read more

Inside the Crypto Whale Games: How Liquidation Hunting Targets Leveraged Traders

One of crypto’s infamous high-stakes traders forfeited more than $100 million on the decentralized exchange (DEX) Hyperliquid. The pressing question now is: Was this catastrophic unraveling of leverage quietly orchestrated by the tactic known as liquidation hunting or simply bad luck? Crypto Perp Traders Beware: The Mechanics of Liquidation Hunting When Hyperliquid trader James Wynn … Read more

Bitcoin Futures and Options Hit Record Highs as $300K Calls Signal Bullish Frenzy

Bitcoin futures and options markets have shattered records this week, with open interest surging to unprecedented levels as traders amplify bullish bets—including speculative calls for prices to hit $300,000. Traders Flood Bitcoin Derivatives as Futures, Options Volumes Shatter Records The total open interest in bitcoin futures reached an all-time high of $80.73 billion, representing 723,990 … Read more

Hyperliquid Daredevil: $508M Bitcoin Long Bet, No Fiat Left, and ‘Paper Hands Will Burn’

After bitcoin vaulted beyond the $107,000 mark, the leading digital asset retraced and dipped below the $103,000 threshold. Amid this sharp recalibration, the notorious Hyperliquid whale intensified its 40x leveraged bitcoin long position, which now carries a valuation of $508 million. Hyperliquid Whale Claims Bitcoin ‘Volcano’ Is Primed to Explode Based on the most recent … Read more