June 20, 2025, marked a significant surge in interest towards altcoin options, while Bitcoin and Ethereum saw comparatively quieter activity.
Surge in Altcoin Options Volume
Altcoin options trading hit new highs, while Bitcoin ($BTC) and Ethereum ($ETH) options activity remained relatively modest. Four tokens made headlines: $TRUMP, $SOL, $KAS, and $MATIC, with traders showing increased speculative activity towards these altcoins.
Major Coins Take a Back Seat
BTC and ETH options activity was quiet, with much focus on managing existing positions as approximately $4 billion in options were set to expire that week, diverting attention to faster-moving altcoins.
Bullish Bets and Notable Trades
On June 20, there was a dominant presence of call options, indicating bullish sentiment in altcoin trading. Approximately 70% of altcoin trades were calls. Standout trades included notable call buys on Kaspa ($KAS) and heavy call activity on Solana ($SOL), signifying expectations of price rallies for these altcoins.
Overall, June 20, 2025, showcased a bullish and energized sentiment among options traders, highlighting the growing interest in altcoins and their speculative potential, distinguishing them from larger, less volatile coins.
