#ETHInstitutionalFlows #StrategyBTCPurchase
Nearly $5 billion in Bitcoin and Ethereum options will expire today, creating potential volatility ahead of the Federal Reserve's speech in Jackson Hole.
The open interest in Bitcoin options is $3.82 billion with the maximum pain point at $118,000, higher than its current price of $113,019, reflecting a hedge against decline.
The open interest in Ethereum options is $943 million, with the maximum pain point at $4,250, indicating a more balanced outlook and a cautiously optimistic sentiment.