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Massive $2.6 Billion Bitcoin & Ethereum Options Expiry Today: How Will It Impact
Today, January 3, a significant event is taking place in the cryptocurrency market. A massive $2.6 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts will expire, which could potentially cause some notable price movements.
Out of this colossal sum, Bitcoin’s options are worth $2.15 billion, while Ethereum’s options total $453 million. The recent price fluctuations may significantly impact the market’s sentiment as these contracts come due for settlement.
Source: coinpedia.org
