$4 Billion Bitcoin, Ethereum Options Expiring
The crypto market will witness $3.98 billion in Bitcoin (BTC) and Ethereum (ETH) options contracts expire today. This massive expiration could impact short-term price action, especially as both assets have recently declined.
With Bitcoin options valued at $3.4 billion and Ethereum at $581.57 million, traders are bracing for potential volatility.
High-Stakes Crypto Options Expirations: What Traders Should Watch Today
According to Deribit data, Bitcoin options expiration involves 38,566 contracts, compared to 48,794 contracts last week. Similarly, Ethereum’s expiring options total 189,018 contracts, down from 294,380 contracts the previous week.
For Bitcoin, the…
