Crypto vol is compressed. Macro uncertainty isn’t. Imran Lakha and Wintermute’s Jake Ostrovskis break down what’s keeping BTC and ETH vol pinned, the role of persistent overwriting, and whether the next shift in crypto options could start driving spot rather than following it. Watch #123 ↓ https://www.youtube.com/watch?v=q5JZx9TeUEo(Deribit)