The post $80K Put Now Most Popular Bet appeared on BitcoinEthereumNews.com. A week ago, CoinDesk highlighted a bearish shift in the BTC options market, with the $85,000 put overtaking the $140,000 call as the most popular bet on crypto exchange Deribit. Now, the $80,000 put has taken the lead, boasting an open interest of just over $2 billion, while the $85,000 put ranks second with $1.97 billion in open interest. Meanwhile, the $140,000 call’s open interest has dropped to $1.56 billion. The $80,000 put reflects a bet that bitcoin’s spot price will fall below that level. Put buyers are implicitly bearish, while call buyers are bullish. BTC options: Distribution of open interest. (Deribit) Source: https://www.coindesk.com/markets/2025/11/24/usd80k-bitcoin-put-now-most-popular-betThe post $80K Put Now Most Popular Bet appeared on BitcoinEthereumNews.com. A week ago, CoinDesk highlighted a bearish shift in the BTC options market, with the $85,000 put overtaking the $140,000 call as the most popular bet on crypto exchange Deribit. Now, the $80,000 put has taken the lead, boasting an open interest of just over $2 billion, while the $85,000 put ranks second with $1.97 billion in open interest. Meanwhile, the $140,000 call’s open interest has dropped to $1.56 billion. The $80,000 put reflects a bet that bitcoin’s spot price will fall below that level. Put buyers are implicitly bearish, while call buyers are bullish. BTC options: Distribution of open interest. (Deribit) Source: https://www.coindesk.com/markets/2025/11/24/usd80k-bitcoin-put-now-most-popular-bet