Summary
- Deribit's Bitcoin Options 30-Day Expected Volatility Index (DVOL) has reportedly neared a historical low.
- Glassnode explained that the decline of the DVOL index suggests there is almost no investor demand to hedge against downside risk.
- Glassnode added that this could lead to greater volatility.
Deribit, a cryptocurrency (crypto asset) options exchange, has reported that the 'Bitcoin Options 30-Day Expected Volatility Index (DVOL)' is nearing a historical low.
On the 15th (local time), Glassnode stated on X (formerly Twitter), "The Bitcoin DVOL index is approaching all-time lows," adding, "This indicates there is almost no demand from investors wanting to hedge against downside risk." They further noted, "As a result, volatility may increase."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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