27 Billion Dollar Option Expiry in the Crypto Market

Excitement in the Crypto Market is Growing

The cryptocurrency market is preparing for the expiration of Bitcoin and Ethereum options worth 27 billion dollars on the Deribit platform. This situation accounts for more than 50% of Deribit's total open positions.

The market has shaken off recent panic. The expiration is expected to proceed in a more orderly fashion compared to last year. Deribit mentions a bullish trend, showing that call (buy) options nearly outnumber put (sell) options by a ratio of almost 3 to 1.