BILLIONS SET TO EXPIRE IN BITCOIN AND ETHEREUM
It's a significant day for the bitcoin community today. In the Bitcoin and Ethereum markets, there will be almost $2 billion worth of options that expire. Data from the derivatives market indicates that 320,000 Ethereum options valued at $930 million and 18,000 Bitcoin options valued at $1.2 billion will expire. The direction and volatility of the markets may be significantly impacted by this major expiration.Ethereum is trading over $3k, while Bitcoin is trading over $66k. When it comes to assessing the overall mood in the market and how investors position themselves, the state of the markets offers crucial hints. Put-Call Ratios and the Actions of Investors An essential indicator of which way investors are leaning in the options market is the put-call ratio.
