Massive Bitcoin and Ethereum Options Expiry Fuels Market Volatility
Massive Bitcoin and Ethereum Options Expiry Fuels Market Volatility
A colossal $5.4 billion in Bitcoin and Ethereum options are set to expire today on Deribit, marking one of the year's most significant events. Despite underlying market warnings, traders are largely maintaining a cautiously bullish stance. Bitcoin's max pain point is identified at $107,000, with Ethereum's near $3,800. The prevalence of short volatility bets indicates expectations for substantial market price swings.
More than $5.4 billion in Bitcoin and Ethereum options expire today on Deribit, marking one of the year’s largest expiries. Traders remain cautiously bullish despite structural warnings, with Bitcoin’s max pain at $107,000 and Ethereum near $3,800. Short volatility bets dominate, setting the stage for major market swings.