Options for BTC and ETH with a nominal value of approximately 1.857 billion USD are set to expire this Friday
Deribit data shows that approximately $1.377 billion worth of BTC options and $480 million worth of ETH options contracts will expire on Friday (August 16); the maximum pain price for BTC is $60,000, while for ETH it's $2,650.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gold: Higher yields cap recovery prospects – OCBC
LG Display Likely to Face Earnings Pressure From Stronger Won, Higher Input Costs -- Market Talk
PC Connection Insider Sold Shares Worth $1,218,444, According to a Recent SEC Filing
British Pound rebounds from July 30 lows vs retreating USD as traders await BoE decision
Crypto prices
More
