2025-12-13 10:27:07

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AuspiciousSnowHeralds

· 12-13 23:55

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AuspiciousSnowHeralds

· 12-13 23:35

Analyst: Bitcoin OG's sale of covered call options is the main reason for price suppression Market analyst Jeff Park(Jeff Park) stated that long-term Bitcoin whales are suppressing the spot price of Bitcoin by selling covered call options. A covered call option refers to an options seller selling the right to the buyer to purchase an asset at a predetermined price in the future, in exchange for the option premium. Park pointed out that large, long-term BTC holders are introducing disproportionate selling pressure through this strategy, partly because market makers stand on the other side of the trade, buying these covered call options. This means that market makers, in order to hedge the risk of their long call options, must sell BTC in the spot market, thereby exerting downward pressure on the market price even as demand from traditional exchange-traded fund (ETF) investors remains strong.

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AuspiciousSnowHeralds

· 12-13 15:11

The discussion on the regulatory bill has been postponed to the 15th.

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