DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Bitcoin Cryptonews

About 85,000 Bitcoin Options Contracts Set to Expire This Friday

About 85,000 bitcoin options contracts, worth around $2.3 billion, are set to expire on major cryptocurrency futures and options exchange Deribit this Friday. According to Deribit data, around 700,000 Ethereum options, v...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

About 85,000 Bitcoin Options Contracts Set to Expire This Friday
About 85,000 bitcoin options contracts, worth around $2.3 billion, are set to expire on major cryptocurrency futures and options exchange Deribit this Friday.
According to Deribit data, around 700,000 Ethereum options, valued at over $1.2 billion, are also set to expire on May 26. 
"This Friday a total value of USD 3.6 billion will expire, which equals approximately 26% of Deribit's open interest," the platform said in a recent tweet. ...
Read More: About 85,000 Bitcoin Options Contracts Set to Expire This Friday

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context