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Glassnode: Bitcoin 25 Delta Skew reversal indicates strong risk aversion sentiment
ChainCatcher message, Glassnode tweeted that "the 25 Delta Skew of Bitcoin flipped in the past week, indicating a strong risk aversion sentiment in the market. The 1-week skew jumped from -2.6% to +10.1%, and the 1-month skew rose from -2.2% to +4.9%, approaching levels seen before the liberation day. This means that traders are increasingly hedging or speculating on downside risks."