Always pay attention to risk! ❗❗❗
Bitcoin options with a notional value of $13.95 billion and Ethereum options worth $3.77 billion on Deribit will expire tomorrow. The platform's open interest exceeds $43 billion, setting a historic high.
McNulty added: "Market makers may unwind their hedges, which could lead to market volatility on Friday."
Also, take a look at the BTC liquidation map. Which side do you think will be liquidated?