两大领先指标示警 比特币“人心惶惶”

Core Insights - The recent volatility in Bitcoin prices is accompanied by significant warning signals from both the options market and miner activities, indicating potential further downside risks [1][3]. Options Market Analysis - The Bitcoin 30-day options delta skew has risen above 10%, a notable increase from the neutral range of -6% to +6%, suggesting that professional traders are willing to pay a premium for put options to hedge against price declines [3][5]. - On Deribit exchange, the trading volume of put options exceeded that of call options by 50%, marking the highest level in over 30 days, indicating growing market pressure and a shift in trader sentiment towards bearishness [5]. Miner Activity Insights - Since October 9, miners have transferred approximately 51,000 Bitcoins to Binance, valued at over $5.7 billion, representing the largest inflow to an exchange since July [6][8]. - On October 11 alone, miners deposited over 14,000 Bitcoins to Binance, coinciding with a significant market event, which raises concerns about potential selling pressure [6][8]. - Historical patterns suggest that when miners transition from holding to selling, it often precedes significant price declines and negative market sentiment [9].