$80K Bitcoin Put Now Most Popular Bet

$80K Bitcoin Put Now Most Popular Bet

Source: CoinDesk

Published:06:33 UTC

BTC Price:$86930

#BTC #Bearish #Options

Analysis

Price Impact

High

The $80k btc put is now the most popular options play on deribit with $2 billion in open interest, surpassing previous bullish calls. this significant shift indicates a strong bearish sentiment among options traders, betting on a price slide below $80k.

Trustworthiness

High

The information comes from coindesk, a reputable crypto news source, citing direct market data from deribit, a major crypto options exchange. the open interest figures are specific and verifiable.

Price Direction

Bearish

The overwhelming popularity and open interest in $80k and $85k put options signal a strong expectation among market participants for bitcoin's price to fall below these levels. put buyers are implicitly bearish.

Time Effect

Short

Options market sentiment, especially such a pronounced shift in popular bets, often reflects expectations for price movements over a short to medium-term horizon, influencing immediate market psychology and trading strategies.

Original Article:

Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email $80K Bitcoin Put Now Most Popular Bet The $80K BTC put is now the most popular options play on Deribit. By Omkar Godbole , AI Boost Nov 24, 2025, 6:33 a.m. FastNews (CoinDesk) What to know : The $80K BTC put is now the most popular options play on Deribit. The option represents a bet that prices will slide below $80K. A week ago, CoinDesk highlighted a bearish shift in the BTC options market, with the $85,000 put overtaking the $140,000 call as the most popular bet on crypto exchange Deribit. Now, the $80,000 put has taken the lead, boasting an open interest of just over $2 billion, while the $85,000 put ranks second with $1.97 billion in open interest. Meanwhile, the $140,000 call's open interest has dropped to $1.56 billion. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . The $80,000 put reflects a bet that bitcoin's spot price will fall below that level. Put buyers are implicitly bearish, while call buyers are bullish. BTC options: Distribution of open interest. (Deribit) Bitcoin News Bitcoin Options Deribit Markets AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You DOGE Beats the Blue Chips as D.O.G.E Calls it Quits By Sam Reynolds | Edited by Omkar Godbole 1 hour ago DOGE – the memecoin – edged past the CoinDesk 20 and the CoinDesk memecoin index as the White House announced Elon Musk's government efficiency initiative is to shutter. What to know : Dogecoin rose over 3% as traders anticipated the launch of Grayscale's DOGE coin ETF. Grayscale's DOGE ETF, trading under the ticker $GDOG, is set to begin trading on NYSE Arca. Cat-themed memecoins outperformed dog-themed coins, with a 4.2% market cap increase compared to 4% for dog-themed coins. Read full story Latest Crypto News DOGE Beats the Blue Chips as D.O.G.E Calls it Quits 1 hour ago Bitcoin ETFs, Led By BlackRock's IBIT, See Record $40B Trading Volume as Institutions Capitulate 1 hour ago ETF Outflows, Stablecoin Flows and DAT Reversals Signal Crypto Capital Flight: NYDIG 9 hours ago State of Crypto: What Congress Has Left to Do This Year 11 hours ago Sunrise Debut Streamlines Solana Token Imports as Monad Goes Live 15 hours ago Bitcoin Rebounds From 'Extreme Oversold' Levels; XRP Jumps 7%, ZEC Surges 14% 16 hours ago Top Stories Hobbyist Miner Beats "1 in 180 Million Odds" to Win $265K Bitcoin Block Using Just One Old ASIC Nov 22, 2025 Is Strategy Stock the Preferred Hedge Against Crypto Losses? Tom Lee Thinks So Nov 22, 2025 Turning ‘$11K to Half a Billion Dollars From Trading Memecoins’: Tales From a Crypto Wealth Manager Nov 22, 2025 'Liquidity Crisis': $12B in DeFi Liquidity Sits Idle as 95% of Capital Goes Unused Nov 22, 2025 Coinbase 'Negative Premium' at Widest Level since Q1, Signalling Weak U.S. Demand Nov 22, 2025 Aerodrome Finance Hit by 'Front-End' Attack, Users Urged to Avoid Main Domain Nov 22, 2025