两大领先指标示警,比特币“人心惶惶”
美股IPO·2025-10-17 07:07

Core Viewpoint - The Bitcoin market is currently facing dual pressures from a surge in put option demand and significant Bitcoin deposits by miners, indicating potential selling intentions and heightened bearish sentiment among traders [1][3][5]. Group 1: Options Market Indicators - The demand for put options has increased significantly, with the Bitcoin 30-day options delta skew rising above 10%, indicating that traders are willing to pay higher premiums to hedge against price declines [5][8]. - On Thursday, the trading volume of put options exceeded that of call options by 50% on Deribit exchange, marking the highest level in over 30 days, reflecting growing concerns among market participants [7][8]. - This shift in sentiment is notable as it contrasts with the typically optimistic outlook of cryptocurrency traders, suggesting increasing market pressure [8]. Group 2: Miners' Activity - Miners have transferred approximately 51,000 Bitcoins to Binance since October 9, valued at over $5.7 billion, marking the largest inflow to exchanges since July [9][11]. - On October 11 alone, miners deposited over 14,000 Bitcoins, coinciding with a significant market downturn, indicating a potential shift from holding to selling [9][12]. - Historically, such transfers from miners to exchanges are often precursors to market declines, as they may signal intentions to sell or hedge [11][13][14].