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Crypto Faces Record $28B Options Expiry Today

Published by
Sohrab Khawas

Today marks the largest crypto options expiry in history, with nearly $28 billion worth of BTC and ETH contracts settling on Deribit. Roughly 267,000 Bitcoin options expire with a put/call ratio of 0.35 and a max pain level near $95,000, while 1.28 million Ethereum options expire with a put/call ratio of 0.45 and max pain around $3,100. Traders have been repositioning ahead of settlement, and quarterly contracts now dominate open interest, highlighting increased derivative influence on price action.

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Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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