Wu Shuo learned that according to Greeklive, the largest bulk option trading today was buying BTC put options with an exercise price of $60000 due on April 25, 2025, with over 1000 BTC traded and a nominal value of nearly $100 million. This option has a deep virtual value and requires BTC to drop by more than 30% to make a profit. The risk return ratio is low, with a premium of only a few hundred thousand US dollars, making it more suitable as an extreme risk hedge rather than independent speculation. In addition, after the quarterly delivery, institutions mainly focus on building and adjusting positions, and this month they have significantly increased their placement of put options, resulting in an increase in deep virtual value protective positions. Large investors are generally bearish on the market in April. http://(wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=40351