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Analizing BTC moves (4 moves) with Options data & On chain Analysis
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1) Unusual Miner Outflows on Jun 23
1.1) 114 kBTC Options Open Interest expired on Jun 26
1.2) DUMP: Jun 23 (Miner Outflows) to Jun 27 ( 1 day after Options expiration)
2) Unusual Exchange Inflows on Jul 27/28
2.1) 67 kBTC options expired on Jul 31
2.2) Exchange Inflows during the pump ( Jul 27/28) and 1 day after Options expiration (Jul 31)…DUMP!
3) BTC miner to exchange flow on Aug 21/27
3.1) 62 kBTC Options expired on Aug 28
3.2) Max pain Price on Aug 28: 11000
(Max pain theory: https://clarkfinancial.com/how-to-make-money-trading-the-maximum-pain-theory/)">https://clarkfinancial.com/how-to-ma...
(Max pain theory: https://clarkfinancial.com/how-to-make-money-trading-the-maximum-pain-theory/)">https://clarkfinancial.com/how-to-ma...
3.3) Miner outflows during the dump driving the price to the max pain price (low11ks) at expiration.
4) Unusual Miner Outflows on sept 1/2/3
4.1) Large Puts on aug 31 (strike low 10ks=max pain price) Expiration Sept 4th
4.2) Miner outflows during the dump driving the price to the max pain price (low10ks) at expiration
5) Sept 25 is next important expiration date (66,6 kBTC)
6) Summarizing,things to keep in mind:
a)The Miner Outflows and Exchange Inflows @cryptoquant_com @ki_young_ju
b)Expiration date of Large BTC options and the strike price (max pain price) on that date. @skewdotcom @optionstrack
c) Large puts or calls options bought.
a)The Miner Outflows and Exchange Inflows @cryptoquant_com @ki_young_ju
b)Expiration date of Large BTC options and the strike price (max pain price) on that date. @skewdotcom @optionstrack
c) Large puts or calls options bought.
Hope this help!
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