According to Odaily Odaily, Bitcoin will see its largest options expiration date today at 4 PM, with approximately 300,000 BTC options contracts (with a notional value of about $23.7 billion) expiring. The combined expiration of BTC and ETH options today amounts to $28.5 billion, double that of the same period last year. Analysts point out that this expiration date is exceptionally large and generally bullish. The maximum pain point (the price level at which option buyers incur the greatest loss and sellers the greatest profit) is $96,000, which will reinforce the upward price trend.
The largest Bitcoin options trade to date is about to settle, with an overall bullish bias.
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content


