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Bitcoin Options on Deribit Rise to $4.25 Billion, the Highest in Over a Year
The total volume of Bitcoin options on Deribit rose to $4.25 billion last week, the highest since FTX won bust in the second week of November. That's a 375% rise from the low of $895 million registered in the final week of December according to data source provider Amber Data. The impressive recovery in volume has mainly been driven by an uptick in demand for call options which offer protection against price rallies.
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