Bitcoin Options Expiring on Deribit Exchange Could Trigger "Fireworks"

06/26 12:10

June 26 (Huobi) - Bitcoin's recent 15% surge has led to a significant event on the horizon, as 150,633 bitcoin options contracts worth $4.57 billion and 1.23 million ether contracts valued at $2.3 billion are set to expire on the Deribit exchange. The contracts due for settlement account for 43% of the total open interest, with investors buying call options with strike prices at and above $30,000.
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