Finance News
By Pankaj K
1 / 11
Deribit Data Shows Massive Volume. Skew Analytics caught the action on April 3rd. Trading volume on Deribit jumped hard, matching the…
2 / 11
Exchange Reserves Paint Worrying Picture. CryptoQuant data shows Bitcoin reserves on exchanges climbing to March levels.
3 / 11
Big money moved Monday. A crypto whale scooped up huge Bitcoin put options right as $2 billion worth of options hit expiration on Deribit, and traders can't stop talking about…
4 / 11
The timing wasn't random. Deribit handles most crypto options trading, and when $2 billion expires at once, things get wild pretty fast.
5 / 11
Bloomberg's Mike McGlone thinks this could signal a big price shift coming. He's seen these whale moves before, and they usually happen right before Bitcoin either rockets up or…
6 / 11
Binance saw futures volume climb too. Their leveraged products attracted traders trying to capitalize on the volatility, with many betting on bigger price swings after the expiry.
7 / 11
CryptoQuant data shows Bitcoin reserves on exchanges climbing to March levels. That's not great news if you're bullish.
8 / 11
Glassnode tracked a surge in Bitcoin transactions on April 3rd. On-chain activity spiked hard, showing traders were moving fast to reposition after the expiry.
9 / 11
Willy Woo isn't panicking yet. The crypto analyst thinks the whale move, while big, doesn't necessarily mean Bitcoin's long-term path changes.
10 / 11
Nobody's talking officially. The whale didn't comment, Deribit stayed quiet, and we're left guessing about the real motivation behind the puts purchase.
11 / 11
Bitcoin's holding $28,000 for now. Traders are watching every tick, waiting to see if the whale's bet pays off or if this was just another false alarm in crypto's endless cycle…
The Currency Analytics
Want the full story?