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2026-03-22 00:12:28 UTC

Taurus4BTC on Nostr: New VanEck data confirms what the options market is telling us. Bitcoin traders are ...

New VanEck data confirms what the options market is telling us. Bitcoin traders are paying record prices for downside protection.

The put call open interest ratio peaked at 0.84 — the highest since June 2021. Put premiums relative to spot volume hit an all-time high, roughly 3x Terra Luna levels. Traders spent 685 million dollars on puts versus 562 million dollars on calls over the past 30 days.

But here is the thing. VanEck found that similar extreme fear readings in the past six years were followed by average Bitcoin gains of 13 percent over 90 days and 133 percent over 360 days.

Everyone is positioned defensively. When they have to cover...

The mother of all short squeezes could be loading.