According to Deep Tide TechFlow, on December 12, crypto analyst Murphy pointed out on social media that traders (institutions) have the following views on the current market situation:
Using 85,000 in cash for a leveraged long position with a real-value Call, while selling Put options to collect premiums, indicates that 85,000 is viewed as a buying point on a pullback rather than a starting point for a deep drop.
90000000 large selling of Put options shows that funds are betting this point is a short-term support.
Buying Call and Put options near the current price with a significant volume indicates that funds are preparing for the next big volatility.
