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Bitcoin rose 1.94% to $82,529 as trading volume fell 24.68%. Sentiment strengthened into greed, while exchange inflows continued and active addresses declined.
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Bitcoin options expiring Oct. 23 carried $1.15 billion in open interest, with a put-to-call ratio of 1.24. Puts also narrowly led 24-hour volume with a ratio of 1.06.
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Bitcoin options open interest fell 0.93% to $38.14 billion. Calls remained dominant, but the $80,000 put was the most-traded contract.
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Bitcoin was at $82,158 in Binance spot trading 15 minutes earlier and was down 0.30% over the previous hour.
A single position was closed on Binance's BTC perpetual futures market at 11:32 p.m. ET Oct. 15 (03:32 UTC Oct. 16).
Bitcoin was quoted at $81,992 on Oct. 16.
Short-term holders averaged about 2,200 BTC per hour over four hours, compared with 480 BTC per hour for long-term holders.