$1.04 Billion in Bitcoin Options Expire Today Amid Increased Crypto Whale Sell-Offs
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Today, $1.54 billion worth of Bitcoin and Ethereum options are set to expire, driving significant anticipation in the crypto market. Bitcoin options expiring have a notional value of $1.04 billion, with analysts predicting stabilization post-expiration. Recent market sell-offs have led to heavy losses, with Bitcoin dropping to $57,000 and Ethereum to $3,100. Data show increased short-term implied volatility and bearish market sentiment. Experts attribute price declines to heightened sell-offs from long-term whales, including governments.
Bron: beincrypto.com ↗
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