🔗 Crypto & Blockchain

Bitcoin Whales Bet Big on $80K Rebound Amid Shaky Iran Truce

Deribit's $80,000 Bitcoin call just overtook the $60K put in open interest—whales smell blood. Yet with a fragile Iran truce hanging by a thread, who's really winning here?

Bitcoin chart with $80K call options open interest spike and trendline resistance

⚡ Key Takeaways

  • Deribit $80K calls hit $1.6B open interest, topping $60K puts amid whale buys. 𝕏
  • Iran ceasefire cools oil, boosting rate cut hopes and BTC rebound over $70K. 𝕏
  • Trendline breakout could target $80K-$100K, but rejection risks $65K drop—watch volume and macro. 𝕏
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Originally reported by CoinDesk

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