Crypto Traders Brace for $3.5 Billion in Expiring BTC, ETH Options

Crypto options expiry this week concerns over $3.5 billion in notional value. The high volume of expiring options is expected to create short-term volatility in the market.

These expiring options coincide with rising global uncertainty amid geopolitical tensions, so traders and investors should prepare for the impact.

Crypto Markets to See $3.5 Billion in Bitcoin, Ethereum Options Expire

With over $3.5 billion worth of Bitcoin and Ethereum options expiring today, data on Deribit shows BTC contracts account for most of it. Today, 27,959 Bitcoin option contracts will expire, sending up to $2.9 billion in notional value down the drain.

The maximum pain level is $106,500, slightly above Bitcoin’s price as of press…

Source link