According to data from cryptocurrency options exchange Deribit, Bitcoin (BTC) options with a notional value of nearly $4.94 billion are set to expire today (30th), which is the largest delivery in months, with the largest pain point of $26,500. .
Cinneamhain Ventures partner Adam Cochran commented on Twitter last night that there could be some market volatility
"The biggest pain point for BTC options expiration tomorrow is $26,500?! Given that cryptocurrencies usually tend to at least be at pain prices before expiration, there may be a few days of volatility..."
On-chain data analyst Phyrex tweeted at noon today that there is a gap of about 10% between the current price of Bitcoin and the biggest pain point. Considering that there is not much left before delivery (4 p.m. on June 30, Taiwan time), " Now the possibility of realizing the biggest pain point is almost gone."
In addition, Ethereum (ETH) options with a notional value of approximately $2.3 billion are also set to expire today, with the biggest pain point being $1,700.
