news 
The world of cryptocurrency derivatives has witnessed a significant shift in sentiment, as Bitcoin options market participants increasingly turn to bearish positions. Today’s events saw the execution of a massive block trade, with over 1,000 BTC worth of put options purchased at a strike price of $60,000, valued at nearly $100 million.
Source: https://nulltx.com/btc-options-market-large-block-trades-and-a-growing-bearish-sentiment/
