Derivatives positioningSteady positioning ahead of Fed meeting: The crypto taker long-short volume ratio is almost in a perfect balance ahead of the Fed meeting. Open interest (OI) has held steady near $113 billion over the past 24 hours while volume increased by 10% to $205 billion. Open interest (OI) has held steady near $113 billion over the past 24 hours while volume increased by 10% to $205 billion. UNI is an exception: Most of the top-20 tokens have seen OI hold steady or fall over 24 hours. Puts dominate BTC options volume: In Deribit-listed options, BTC puts at strikes $62,000, $60,000 and $54,000 dominate the 24-hour volume rankings.