[Bit Options Daily] Open interest at $34.39144 billion... Top volume is put options

Bitcoin options open interest rose 0.16% to $34.391 billion on CoinGlass data as of 9:45 a.m. on the 6th, up from $34.335 billion the prior day, while 24-hour options volume reached about $9.025 billion. Open interest composition favored calls at 57.50% versus puts at 42.50%, signaling that accumulated positioning leans toward mid-term upside. However, the daily flow reversed that tilt, with puts at 53.54% of volume versus calls at 46.46%, pointing to short-term hedging or caution. The divergence matters because it shows traders holding constructive medium-term bets while paying up for near-term downside protection. What to watch next is whether put volume persists and pulls the open-interest mix toward puts, or whether call positioning reasserts itself.