Bitcoin and Ethereum Face Crucial Test as $9.26 Billion in Options Near Expiration
A large volume of Bitcoin (BTC) and Ethereum (ETH) options, worth approximately $9.26 billion in notional value, will expire on April 26, 2024.
This event involves 96,172 BTC contracts and 987,000 ETH contracts. It requires analysis to determine its potential impact on market dynamics and pricing for these digital assets.
As the deadline looms, the market braces for potential fluctuation.