This expiry, the largest ever on the exchange, has drawn attention due to its potential to trigger a market reaction. The put-call ratio for these Bitcoin options stands at 0.69. This indicates a relatively higher open interest in calls, which suggests that the market is positioned for bullish sentiment.

If Bitcoin experiences volatility during this event, it could trigger a similar reaction in XRP, potentially contributing to the price movement Bitlord anticipates. However, this remains speculative and unconfirmed.

Another potential reason for Bitlord’s optimism is XRP’s tendency to experience$XRP