Bearish

What next as Bitcoin (BTC) whales go long despite bearish bets piling up

The biggest traders on Hyperliquid have been building a long bitcoin BTC$78,134.03 position for two months, and the price chart is starting to break their way. Glassnode data shows whale positioning on Hyperliquid, the onchain perpetual futures exchange, flipped from net short to net long… Read More

Record $1.26B Outflow Hits BlackRock Bitcoin ETF (IBIT) as Bearish Options Cost Soars

6 months ago by Crypto InsightsCrypto

BlackRock’s spot bitcoin ETF, IBIT, has registered record outflows this month amid a price slide and a sharp rise in the cost of bearish options used to hedge against further market declines. The Nasdaq-listed BlackRock Bitcoin ETF, IBIT, has recorded a net outflow of $1.26… Read More