Data shows Bitcoin bears dominate Friday’s $2.5B BTC options expiry
Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
Bears have a potential $450 million lead if Bitcoin fails to hold $32,000 until June 25. Go to Source Powered by WPeMatico
Bullish Bitcoin maneuvers from El Salvador, Victory Capital and MicroStrategy saved the day by giving bulls a much-needed boost and balancing out Friday’s BTC options expiry. Go to Source Powered by WPeMatico
Bear’s misplaced belief that Bitcoin price would drop to $32,000 allowed Friday’s BTC options expiry to become unexpectedly balanced. Go to Source Powered by WPeMatico
According to data from Skew Analytics, more than 55,000 bitcoin options contracts worth $2.2 billion will expire on Friday. Statistics further show, as far as options are concerned, Deribit captures the lion’s share of contracts with 48,469 bitcoin options contracts ($1.95 billion notional) set to expire. 55K in Bitcoin Option Set to Expire, Deribit Carries … Read more
Ethereum bulls may have flipped $2,400 back to support, but Friday’s ETH options and futures expiry will determine if traders press the pedal for $3,000. Go to Source Powered by WPeMatico
Bitcoin price is struggling to regain the $42,000 support as bears hold a $585 million advantage ahead of Friday’s $2.1 billion BTC options expiry. Go to Source Powered by WPeMatico
Traders bullish on Ether have a $109 million advantage heading into the $730 million ETH options expiry on May 14. Go to Source Powered by WPeMatico
Ethereum’s spectacular rise to $3,300 has rendered all of the bearish put options worthless ahead of this Friday’s $470 million expiry. Go to Source Powered by WPeMatico
Bitcoin options markets are set to see a large expiry on Friday as more than 77,000 BTC worth over $4 billion in derivatives contracts are set to expire. The lion’s share of bitcoin options stems from the derivatives trading platform Deribit, as the exchange has more than $11 billion in open interest today. Sizzling Hot … Read more
Bitcoin options open interest has reached $9.6 billion according to derivatives market data as the metric is nearing the high captured on January 7, 2021. Moreover, the aggregate open interest in bitcoin futures is steadily nearing all-time highs. While cryptocurrency spot markets have consolidated, bitcoin-based derivatives markets have seen continuous action. At the time of … Read more