Deribit Insights(@DeribitInsights ):1) Signalling by Trump on an imminent Iran solution forced short Calls to cover and push up to higher strikes as BTC breached 78k. Not all were convinced as large exchanges took place in 70k Puts and further interest below. As the weekend rolled in, Iran pushed back, as did BTC.

Deribit Insights

@DeribitInsights

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Deribit Insights@DeribitInsights

2026.04.20 10:10

1) Signalling by Trump on an imminent Iran solution forced short Calls to cover and push up to higher strikes as BTC breached 78k. Not all were convinced as large exchanges took place in 70k Puts and further interest below. As the weekend rolled in, Iran pushed back, as did BTC.