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Crypto Market Braces for a Robust $6.36B Options Expiry Today

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TL;DR The market faces a Bitcoin options expiry worth $6.36 billion on Deribit, with nearly 81,000 contracts set to expire. The max pain point sits at $69,000, while BTC trades around $80,000 with a put/call ratio of 0.85. QCP Research warn…

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Crypto Market Braces for a Robust $6.36B Options Expiry Today
Crypto Economy 1h ago

Crypto Market Braces for a Robust $6.36B Options Expiry Today

TL;DR The market faces a Bitcoin options expiry worth $6.36 billion on Deribit, with nearly 81,000 contracts set to expire. The max pain point sits at $69,000, while BTC trades around $80,000 with a put/call ratio of 0.85. QCP Research warn…