[Bit Options Daily] Open interest at $32.55374 billion... Trading volume leader is the $74,000 put option

Bitcoin options open interest rose 1.47% to $32.55 billion on April 10 from $32.08 billion the prior day, with call options accounting for 56.34% of outstanding contracts versus 43.66% for puts, according to Coinglass data. Total 24-hour options volume reached about $5.26 billion, split 51.49% calls and 48.51% puts, a narrower gap that signals more balanced short-term positioning. The largest single contract by volume was the $74,000 put, indicating traders are paying up for downside protection even as the broader book leans bullish. The call-heavy open interest suggests medium-term positioning remains tilted toward upside, while the active put trading shows hedging demand concentrated at that strike. Watch whether the $74,000 put volume persists and whether the call share of open interest holds above 56% as a gauge of whether the bullish tilt survives near-term hedging flows.