A significant expiration of BTC options, worth $1.1 billion, is about to occur in the cryptocurrency derivatives market. This event is notable due to the sheer volume of options expiring.
The current put/call ratio stands at 0.95, indicating a nearly equal sentiment between bearish and bullish options. This metric provides an insight into the market's expectations for Bitcoin.
COINOTAG's report, based on Deribit's data, underlines the volatile dynamics of crypto markets and the influence of derivatives in shaping market trends.
