Options data has already bet on this flash crash. Before this flash crash, the $btc options market showed a strong left skew (put options were much more expensive than call options). Welcome to join the @GreeksLive options community; in fact, this situation has been discussed in the community for several days... I didn't expect it to really drop today...:
The skew of BTC options is strongly left-biased in this session, and its implied volatility hasn't dropped much.
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