📊 Current open positions of Bitcoin and Ethereum options
According to the latest data from Coinglass, the current open positions of Bitcoin (BTC) options on the entire network have a nominal value of up to $23.109 billion!
Among them, Deribit, CME and Binance exchanges have the top three positions, reaching $17.19 billion, $2.09 billion and $2.03 billion respectively.
According to Deribit data, the current nominal value of Bitcoin options is $144 million, and the maximum pain point price is currently $63,500; while on September 27 (this Friday), the nominal value reached $5.693 billion, and the maximum pain point price was $58,000;
At the same time, the current nominal value of open positions in the Ethereum (ETH) options market has reached $53.6614 million, a sharp drop from yesterday's open positions, indicating that the explosion and liquidation volume during this period has soared. The current maximum pain point price of Ethereum options is $2,625.
⚠️ Views and suggestions:
For investors participating in the contract market, market participants need to be alert to the maximum pain point price this Friday to prevent possible selling risks.
Investors are advised to implement strict position management, reduce potential losses by setting stop losses and maintaining portfolio diversification, and ensure the safety of funds. Remember, risk management is the key to successful contract trading.
💬 What do you think of the potential impact of options market data on the future price trends of Bitcoin and Ethereum? Is the maximum pain point price of options a reference for your trading strategy?
