Greeks.live: Today's crypto market block trades increased significantly, with a nominal value of over $500 million

Greeks.live macro researcher Adam YuX wrote: "The block trades that have been silent for many days have become hot again. Today's block trades have increased significantly, with a nominal value of over $500 million. Bitcoin block call options traded 3643BTC, accounting for 24% of the total transactions on the day, and block put options traded 2084BTC, accounting for 14% of the total transactions on the day. Ethereum block call options traded 31430ETH, accounting for 20% of the total transactions on the day, and block put options traded 28488ETH, accounting for 18% of the total transactions on the day. From the distribution of option transactions, it is mainly selling call options and buying put options, and most of the transactions are in the form of combinations. Combined with the current data that BTC's medium- and short-term IV has fallen below 50%, the current option big players are very bearish on the market this month."