Investors Prepare for Volatility in Bitcoin and Ethereum Markets

Following a Friday marked by significant liquidations, investors are taking preemptive measures to mitigate potential price drops in both Bitcoin and Ethereum markets. According to PANews, options market data reveals traders are heavily purchasing ‘put’ options as protection against further declines. Sean Dawson of Derive.xyz highlights that last week’s volatility has fueled heightened concerns about short-term risks, prompting a surge in put option purchases for both cryptocurrencies.