Glassnode Quadruples Options Metrics With 40-Tool Derivatives Suite
The post Glassnode Quadruples Options Metrics With 40-Tool Derivatives Suite appeared on BitcoinEthereumNews.com.
Caroline Bishop
Jan 16, 2026 11:40
Glassnode expands from 10 to 40 options metrics, adding Deribit, OKX, Bybit data plus new gamma exposure and premium flow tools for BTC, ETH, SOL trading.
Glassnode has transformed from an on-chain analytics provider into a full-stack derivatives platform, quadrupling its options metrics from 10 to 40 dedicated tools. The expansion, completed in Q4 2025, now covers BTC, ETH, SOL, XRP, and PAXG across Deribit, OKX, and Bybit exchanges. The timing matters. With Bitcoin hovering around $95,000 as of January 16, 2026, and institutional capital increasingly flowing through derivatives rather than spot markets, options have become primary drivers of price dynamics. Glassnode’s bet is that traders need to see both sides—who holds risk on-chain and how that risk gets priced in options. Premium Flows Replace Volume as the Conviction Signal The centerpiece of the new suite treats premium—actual dollars spent on options—as the definitive measure of conviction rather than contract volume or open interest. A pile of cheap out-of-the-money options might look significant by OI, but represents minimal capital at risk. The platform now separates taker flows by intent: call buyers versus call sellers, put buyers versus put sellers. Since takers pay the spread for immediate execution, their activity signals urgency. Traders can now identify strike-level magnets where positioning builds, and distinguish between end-users aggressively buying crash protection versus quietly selling premium in anticipation of range-bound conditions. Combo Strategy Reconstruction Raw option-by-option flow often misleads. What appears as “one call bought, one call sold” might actually be a single taker executing a strangle—a pure volatility bet with no directional bias. Glassnode now reconstructs multi-leg trades into canonical strategies: straddles, strangles, spreads, condors, and ladders. This tracks net premium for entire structures rather than isolated legs, revealing…
Filed under: News - @ January 16, 2026 9:25 pm