Open interest boom in the BTC options market

The size of the open interest in the bitcoin options market is currently above $8.5 billion, and its growth has outpaced the BTC futures market. Will we soon see a flippening?
Source: Bybt, Skew

The open interest in the bitcoin options market currently sits at $8.5 billion and is up 355% over the last three months.

Deribit dominates the option market, currently accounting for more than 87% of the total open interest.

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