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    <title>Second-Largest on Tenu Tech Brief</title>
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      <title>Bitcoin&#39;s $40,000 put becomes second-largest options bet ahead of February expiry next week</title>
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      <pubDate>Thu, 19 Feb 2026 06:48:38 +0000</pubDate>
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      <description>• Bitcoin&amp;rsquo;s $40,000 put becomes second-largest options bet ahead of February expiry next week Heavy positioning at lower strikes signals rising demand for downside protection for b</description>
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