Bitcoin Price Hits $86K as Options Leverage Begins to Rebuild

TLDR: Bitcoin price recovered above $85K after 62,335 wallets holding 0.1 to 1 BTC disappeared during July-August market weakness. A further 7,159 wallets holding 1 to 10 BTC disappeared before Bitcoin reclaimed $80K, pointing to reduced smaller-holder exposure. Glassnode said options open interest put-call ratios increased as Bitcoin touched $86K, while perpetual funding stayed below [...]

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