Greeks.live: A number of large Bitcoin put option trades highlight that institutional investors are actively hedging downside risks

Odaily Planet Daily News Greeks.live Macro researcher Adam posted on the X platform that there are only five large crypto options block orders today, all of which are Bitcoin blocks. A number of large buy put option trades show heightened concerns about falling crypto prices, especially the buy risk reversal trade (face value $33,445,520.00), highlighting that institutional investors are actively hedging downside risks. The buy risk reversal strategy reflects that investors are conservative about the upside potential while protecting downside risks, and market uncertainty increases.