AI Coins, RNDR, TAO, FET, Nurse Losses as Nvidia Bearish Options Bets Cross the Tape

AI Coins, RNDR, TAO, FET, Nurse Losses as Nvidia Bearish Options Bets Cross the Tape

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The symbols associated with artificial intelligence (AI) have been worse than the largest cryptocurrency over the past 24 hours. The relative weakness comes amid an unusual activity in the options linked to the shares of NVIDIA (NVDA), the chips maker who said on Monday that he will start building it Amnesty International Amnesty International in the United States

While bitcoin (BTCThe largest encrypted currency by market value, added 0.6 % over 24 hours to 85,500 dollars, TAO, the distinctive symbol of the Blockchain -based machine -based machine, circulated at $ 1.6 % at $ 239, and the GPU’s display platform was a 1.7 % rollr rendr display of RNDR Rendr, according to the data source, according to the data source. Co Ringecko. Other symbols, including Fet, Sei and GRT lost 2 %.

NVIDIA Pratter Put options witnessed a prominent activity on Monday, according to the data followed by a convex value. The procedure was focused on the $ 100 strike options on April 17, April 25 and May 2. In addition, there was activity in $ 60 on April 17, $ 50 and $ 85 ending on May 16.

The convex value is called activity in these so -called money options in strikes under the immediate price of Santa Clara, in California of $ 110. “My bet will be [these are] A platform analyst told Coindesk.

NVDA options activity on Monday. (Conveiled value)

Buying a PUT option is similar to purchasing a market insurance. Traders usually abolish them when searching for profit or hedging in their stakes/futures for the potential decrease in the market.

“Someone knows something” Merlin Capital published on X.

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