The cryptocurrency market is set to face a major event today as a large number of Bitcoin and Ethereum options contracts are expected to expire.
The event is one of the largest of its kind in the history of crypto assets, according to major clearing platform FalconEx.
The nominal value of Bitcoin contracts on Deribit, one of the largest digital asset derivatives exchanges, is more than $14 billion, while the corresponding value of Ethereum contracts is about $3.8 billion.
The general total is 43 billion dollars
max pain hit = 86-84k
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