Today marks the expiry of approximately $5.9 billion worth of $BTC
Bitcoin and $ETH
Ethereum options, a major event that could trigger heightened volatility across the crypto markets. With such a large notional value coming off the books, traders are bracing for sharp price swings as market makers rebalance positions and investors adjust to the new landscape.
Bitcoin’s price movement around key strike levels could define the short-term trend, while Ethereum’s open interest suggests a battle between bulls and bears for control. Historically, large expiries have led to significant intraday volatility, and analysts warn that sudden spikes or drops may occur as positions unwind.
Market participants are advised to stay alert, as the coming hours could set the tone for the week ahead.