Macro Protection: Betting Against the Trend?

The ETH-260626-3200-P has climbed 24.90%.

While the calls are getting the headlines, the open interest in June puts at the 3200 level shows that institutional-sized players are paying for downside protection. A total notional value of over 6.2M USDT highlights that the market is preparing for both directions as we head into the second half of the year.

#CryptoMarket #HedgingStrategy #ETH🔥🔥🔥🔥🔥🔥 #BinanceOptions #TrumpCanadaTariffsOverturned $XRP

XRP
XRPUSDT
1.4683
+8.49%

$BTC

BTC
BTCUSDT
69,196.9
+7.81%

$BNB

BNB
BNB
632.82
+7.98%