Bitcoin Traders Seek Protection From Price Declines as ETF Deadline Looms: Deribit

CoinDesk News writes:
Bitcoin Traders Seek Protection From Price Declines as ETF Deadline Looms: Deribit
Puts are overbought and calls [are] being sold, Deribit’s CCO Luuk Strijers told CoinDesk, noting the decline in the bitcoin implied volatility index.