Related Articles
It’s the first time in history that **Bitcoin options open interest has overtaken futures trading volume, a shift in investor behavior and deeper market sophistication.” Interest in BTC options opened soaring at $74. check on chain data from Checkonchain 1 billion according to the . ** **
institutions join the crypto bandwagon, and has sparked interest in BTC options openly as they have become part of the Crypto. But the options open interest of the crypto asset’s future market volume is a shadow on how much money will be in the futures market, as it has been predicted. BTC options open interest has surpassed the futures trading volume on major exchanges like Binance, OKX and Bybit for the first time in history (along with other platforms including IBIT and Deribit).
Bitcoin options open interest peaks at $74.1 billion, onchain data shows
data from blockchain analysis platform Checkonchain, BTC options open interest peaked at $74 per cent. 1 billion, Bitcoin futures open interest trailed at $65 with Bitcoin Futures following. a billion, and 2 billion is . According to the data, most BTC options are open interest on IBIT and Deribit. Meanwhile, data shows that BTC open interest is lowest in centralized exchanges like OKX and Bybit.
The total IBIT was $37. Deribit was close behind, with $30 and 12 billion Bitcoin option open interest. 84 billion . On average, Bybit commanded the pack by $9188, among exchanges. First, 085 million-dollar and then $965-$ Binance. CS6 million 066million.
The dramatic shift in market dynamics suggests a change in investor behavior towards structured, risk-managed strategies. The options allow investors to hedge and speculate on Bitcoin’s future prices while simultaneously limiting risk. For institutional investors and experienced traders, options are usually better for the risk control of options than in futures market (which is much more rigid and prone to losses).
Bitcoin hashrate declines by 15% since October’s peak
The price of BTC is $93,189, down 22%. According to CoinMarketCap, a 11% over the past 24 hours. Similarly, bitcoin’s price has dropped by 15 per cent since October’s peak, suggesting miner capitulation amid narrow profit margins. Average computing power of Bitcoin has dropped from 1 to 0 . A total of 1 zettahashes per second (ZH/s) in October to about 977 exahash per Second (EH ors), is one that was used as an example for .
Short-term and long-lasting hashrate trends were compared to the HasH Ribbon metric, which tracks miner capitulation by comparing short- and Long-Term data from Glassnode, but it was reversed on November 29, shortly after Bitcoin fell near $80,000. A negative inversion usually signals that miners are selling their BTC holdings to fund operations, putting pressure on Bitcoin’s price.
VanEck, a global investment management firm and crypto ETF issuer, said that miner capitulation could signal ‘bottoms down’ and an imminent rally in BTC for new highs. In a previous report by Cryptopolitan, when BTC’s hashrate decline continued to grow, the market generally responded with more and more frequent rallies.
In another case, a report highlighted that Bitcoin miners were switching to renewable energy sources as cash prices fell below breakeven levels. Miners shifted to renewable energy sources for lower costs, the report noted. In April 2025, miners abandoned coal to adopt wind and solar energy as the main drivers of the high-energy activity. A report entitled “Mining the Future Bitcoin’s Carbon Footprint and the Path to 2030” cited 70% of energy used for Bitcoin mining will be from renewable sources by 2030.
This is also a part of the rise in AI technology that has caused miners to partly or completely turn into data center operators, and further selling pressures are also associated with this trend. The bitcoin holdings of firms like Riot Platforms (RIOT) were offloaded by Firm influxes to raise capital for capital-intensive AI and HPC investments. The sell-offs are also a factor in short-term price pressures, and Bitcoin is falling into decline.
According to data from SosoValue, spot Bitcoin ETFs in the U.S. ‘in order of value and volume (U.ETC) are identified with spots on Data for this purpose. S. On January 18, the first day of negative flows came after a four-day streak of positive flows last week, with outflows recorded by totaling over $390 million. u U S President Donald Trump threatened the UK and several EU countries with a possible 10% tariff hike for rallying behind Greenland as the U.S.’s next big power, which is expected to be in effect on Friday night. s S prepares for a takeover ahead of. risk assets such as crypto were in sharp decline after the tariff threat sent risk asset, while safe havens like Gold and Silver rallied.
Thanks for reading Bitcoin options open interest peaks at $741 billion onchain data shows
