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- Options volume is at its highest level in almost two years; the total volume (value in USD) traded on options contracts in the last 24 hours.
- In terms of BTC, this has exceeded over 100,000, or over $2.5 billion, in the past 24 hours.
- Three US banks collapsed last week, injecting volatility into the market – which could be a reason for investors to hedge in the options market.
- As a result, implied option volatility rose massively, surpassing year highs of 78%.
- This also caused the VIX and Move indices to spike in traditional markets.
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