Around $6 billion in Bitcoin and Ethereum options are set to expire today, putting market resilience to the test as open interest and trader positioning hit new records.
This key event may reshape price action for the largest cryptocurrencies, with heightened volatility possible ahead.
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Options Expiry in Focus: Scale and Sentiment
Crypto derivatives markets face a pivotal moment as options expiry arrives during a period of subdued volatility and keen anticipation.
The outcome could signal the prevailing sentiment for Bitcoin, Ethereum, and wider digital assets as the market prepares for key macroeconomic events.
On October 24, $5.86 billion in options tied to Bitcoin and Ethereum reach maturity at 8:00 UTC on Deribit.
Official exchange data shows $5.1 billion in Bitcoin options and $754 million in Ethereum options expiring, representing tens of thousands of contracts.
