Bitcoin Bears Pile In: $1.15B in Options Signal Growing Risk

Bitcoin (BTC) traders are hedging heavily against further losses, with more than $1.15 billion in bearish options flooding the market in the past 24 hours, according to derivatives tracker Greeks.live.

The data shows a sharp tilt toward downside protection, signaling that large players may be preparing for more volatility as BTC extends its slide through mid-October.