Deep-pocketed investors show a notably bearish stance on Circle Internet Group (CRCL), evidenced by significant put option activity. On January 7, 2026, 72% of extraordinary options activities detected were bearish. Put options totaled $1,785,150, significantly outpacing the $1,219,420 recorded in call options.
This activity coincides with mixed to cautious analyst ratings. Goldman Sachs maintained a Neutral rating and set an $88 price target. Separately, HC Wainwright & Co. lowered its rating to Neutral, assigning an $85 target.
The increased volume in put options suggests large investors anticipate a potential near-term decline in the stock price, indicating higher demand for downside protection or speculative bets. No major company-specific news was released on January 8, 2026, to directly explain this cautious market sentiment.