Crypto is empty, BitMine's bullish options are trading abnormally, and institutional investors have already placed and increased their positions ahead of schedule

Comparing news, the crypto market experienced a sharp rise after a long absence last night, and there were also changes in cryptographic concept stocks. According to BIT (bit.com) market data, the stock price of BitMine, Ethereum's largest treasury company, closed up 10%. Notably, there was also a change in BitMine stock call options last night.

Investors bought 181,684 call options (call options) on Wednesday, which is about 25% higher than the stock's average daily call option volume (about 145,316). Multiple data platforms marked multiple stock option transactions on the same day as abnormal options activity (abnormal options transactions). Furthermore, the implied volatility of this stock option has also increased.

Recently, institutional investors have frequently announced additional positions in BitMine:

Marex Group increased its holdings by 560.1% in Q4 last year and now holds approximately 10.02 million shares.

Weiss Asset Management increased its holdings by 363.6% in Q1 this year and currently holds about 4.32 million shares.

Morgan Stanley increased its holdings by 25.8% in Q4 last year and now holds approximately 12.19 million shares.