Bitcoin Faces Largest Options Expiry in History
AI Summary
According to BlockBeats, Bitcoin is set to experience its largest options expiry to date, with approximately 300,000 BTC options contracts expiring today at 16:00 UTC+8. These contracts have a nominal value of around $23.7 billion. The combined expiry value of BTC and ETH options today amounts to $28.5 billion, double the figure from the same period last year.
Several analysts have predicted that this options expiry will lead to significant market volatility. Historically, after such major options settlements, the market often experiences accelerated one-sided trends.
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