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Bitcoin options open interest drops 17% as traders hold bullish $120,000 year-end call positions

Market News
01 Jun 2026
Tokenpost
View Source
Bullish
pluang ai news

Bitcoin options open interest fell about 17% last week, signaling reduced leverage among traders. Despite this, bullish sentiment remains strong, with the largest open interest concentrated in a $120,000 call option expiring at year-end. Calls make up nearly 60% of total open interest, indicating traders expect price gains. The market is actively managing near-term risks while maintaining optimism for higher Bitcoin prices by the end of 2026.

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