In a peculiar corner of the universe where numbers dance and wallets whisper secrets, a recent report from the mystical realm of Glassnode has emerged, revealing more than just the usual humdrum. It seems Bitcoin has decided to throw a lavish party—one not of prices, but of unbridled, titanic interest. Oh yes, dear reader, hold onto your hats, for this data might just knock your socks off—or at least make you smirk. 😏
Bitcoin options OI rallies — Now with more flair than a circus elephant
According to the sages at Glassnode, Bitcoin options open interest has skyrocketed into the stratosphere—an all-time high, no less! We’re talking about a mind-boggling $46.2 billion, an increase of $25.8 billion from those humble beginnings. Imagine, market players now smarter than a fox in a henhouse. They’re deploying “more advanced hedging and strategy execution,” or as I like to call it, playing chess with fire while wearing a top hat. 🎩🔥
Oh, and by the way, this surge didn’t come close to the futures market—it’s the options all the way, like an overenthusiastic child at a candy store demanding more and more. One might say the investors have finally graduated from novelty tactics to the big leagues, wearing monocles and sipping fine spirits. Cheers to sophistication! 🥂
$BTC options open interest recently hit an all-time high of $46.2B – up +$25.8B from the lows. This sharp growth outpaces futures and signals rising demand for more advanced hedging and strategy execution as market participants grow more sophisticated. — glassnode (@glassnode) May 29, 2025
Michael Saylor: The Bitcoin Whisperer or the Wallet-WND?
Meanwhile, in the shadowy corridors of crypto legendry, Michael Saylor, the gallant knight of Bitcoin and founder of Strategy (once MicroStrategy, but now fighting a name identity crisis), has decided to pull the curtain back a little. Yes, he has exposed the mystical wallets of his empire! Who knew Bitcoin wallets could be as secretive as the recipes of grandma’s secret sauce? 🕵️♂️
Arkham Intelligence, the Sherlock Holmes of blockchain, has verified that Saylor’s holdings are worth approximately $5.45 billion—87.5% of his publicly disclosed stash. That’s enough Bitcoin to make a dragon’s hoard look like petty cash. During a grand speech at Bitcoin 2025, Saylor pontificated against “proof of reserves,” perhaps suggesting that transparency is overrated or just that he enjoys a good mystery. 🧙♂️
Arkham posted that despite Michael Saylor’s claim he would never disclose his Bitcoin addresses, it has begun identifying addresses linked to Strategy (formerly MicroStrategy). After confirming 70,816 BTC associated with the company, Arkham estimates the total value of identified holdings…
— Wu Blockchain (@WuBlockchain) May 29, 2025
Oh, and he’s still buying! Another 4,020 BTC snagged for a cool $427.1 million, bringing the grand total to over 63 billion dollars—because who needs petty cash when you have a billion-dollar piggy bank, right? 🐷✨
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2025-05-29 16:24