TLDR Crypto · MARKETS & BUSINESS
U.S. ELECTIONS-LINKED BITCOIN OPTIONS DRAW NEARLY $350M IN OPEN INTEREST
Summary from the TLDR Crypto newsletter
Crypto traders have locked in $345M in bitcoin options expiring shortly after the U.S. elections on November 4, demonstrating a bullish sentiment with twice as many calls as puts. These election-dedicated options show traders expect a significant price rise following elections.