Massive Expiry of Bitcoin and Ethereum Options Amid Market Volatility
- $5.78 billion in Bitcoin and Ethereum options are expiring today.
- 59,000 Bitcoin options, valued at $4.68 billion, are set to expire with a put-call ratio of 0.71.
- The maximum pain point for Bitcoin options is $96,000.
- Ethereum sees 529,000 options expiring, totaling $1.12 billion with a put-call ratio of 0.52.
- Bitcoin’s short-term volatility peaked at 90%, while Ethereum’s exceeded 100%.
The crypto market is experiencing significant volatility as $5.78 billion in Bitcoin and Ethereum options expire today. This includes the expiration of 59,000 Bitcoin contracts valued at $4.68 billion and 529,000 Ethereum contracts worth $1.12 billion amid heightened market instability.
Source (2.6)https://coingape.com/5-78-bln-in-bitcoin-ethereum-options-expiring-more-selloff-ahead/?rand=24432
