BTC Put Option Selling Increases, Shift from Sub-100 to 100+ Addresses

"The shift from addresses holding 0-10 BTC to addresses holding 10-100+ BTC continues," crypto analyst HODL15Capital (@HODL15Capital) told X. According to the data he attached, 90,407 BTC have moved from addresses holding 0-100 BTC to addresses holding 100+ BTC in the last 60 days. On CoinMarketCap, BTC is trading down 1.31% at $67,490.02.

Meanwhile, QCP Capital noted, "There has been a lot of selling of BTC puts, suggesting that the fear of investing in BTC is fading and people are buying the bottom. There is also buying interest in the September and December BTC calls with $100,000-150,000 targets. On the other hand, the Ethereum funding ratio has turned negative, which is worrisome.