Bitcoin (BTC) Traders 'Hedge' Against Price Drops, With $9B Linked to Price Moves Through BTC Options and ETFs

Bitcoin Traders Aim for Long-Term BTC Accumulation by Selling Put Options Deribit's Lin Chen told CoinDesk that there has been a noticeable increase in the selling of cash-backed put options using stablecoins. Author: Omkar Godbole | Edited by: Parikshit Mishra…