“Data suggests that long volatility strategies have been deployed extensively over the weekend after the price crashed below the $25,000 level,” the analysts wrote. “In turbulent times, traders might expect high volatility to continue and use options strategies (like straddles or strangles) to profit from this.”
XRP, ADA Post Highest Losses Among Crypto Majors; BTC Price Steady as ‘Buy the Dip’ Allure Fades
