CryptoDecryptabout 1 hour ago
11 Billion Bitcoin Options Expire Friday
3 min read
About 11 billion in Bitcoin options expire on Friday on Deribit, representing roughly 135,000 BTC. The Fed held rates at 3.75% to 4% on Wednesday, while the 10-year Treasury yield closed at 5.05%. Traders note the max pain sits at 78,000 against a market price near 81,500, with 86% of contracts out of the money.
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