This Friday, around 19,300 Bitcoin options contracts are expiring worth $1.8 billion. Unlike a similar event last week, there was no direct impact on spot markets. Bitcoin has pulled back after a recent run into the six-figure region. 📉

Options data shows the market is pricing in future volatility. Ethereum options also reached a value of $455 million. There are a total of $2.2 billion in crypto options expiring.