Deribit Asia-Pacific Business Leader: This Friday Marks the Biggest Bitcoin Options Settlement in History, with Nominal Value of Nearly $9.5 Billion
Deribit Asia-Pacific Business Leader: This Friday Marks the Biggest Bitcoin Options Settlement in History, with Nominal Value of Nearly $9.5 Billion
According to Lin, the Asia-Pacific business director of the cryptocurrency options exchange Deribit, this Friday (the 29th) will mark the largest Bitcoin (BTC) options expiry in history, with a nominal value of $9.45 billion and a put-to-call ratio of 0.82. The maximum pain point is at $50,000. Lin added that the data for this maximum pain point has been distorted due to the significant surge in the past few months.
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