 | Bitcoin (BTC) options worth $6.68 billion and Ethereum (ETH) options worth $3.5 billion are slated to expire on Deribit, the leading crypto derivatives exchange, this Friday at 8AM UTC. This impending expiry represents over 40% of the current cumulative open interest, which stands at more than $23 billion. Such large quarterly expiries often lead to heightened market volatility, as increased trading volumes and the unwinding or rolling over of positions make prices more unpredictable. [link] [comments] |
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