👑$BTC $490M Bitcoin Bet Signals Brutal $40K Showdown!🥵

💣A massive defensive wall is forming in the Bitcoin options market — and it’s impossible to ignore. Nearly $490 million in notional value is now concentrated at the $40,000 put strike for the Feb 27 expiry, making it the second-largest bet on the board. That’s not casual hedging — that’s serious downside protection.

🧨Meanwhile, a staggering $566 million sits at the $75,000 “max pain” level, where the greatest number of options would expire worthless. And yes, calls still outnumber puts overall — but this growing $40K shield screams caution beneath the surface optimism.

Smart money isn’t just chasing upside… it’s bracing for impact.

⚡️Is this strategic hedging — or are whales preparing for a volatility shock?

Follow Wendy for more latest updates

#crypto #bitcoin #options #wendy

BTC

64,906.23

-4.57%