Renewed Bullishness Expected After Bitcoin, Ether’s $10B Options Expiry on Friday
Over 25% of options are set to expire “in the money,” Deribit’s Luuk Strijers told CoinDesk.
World of Cryptocurrency
Over 25% of options are set to expire “in the money,” Deribit’s Luuk Strijers told CoinDesk.
The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.
Some $180 million of leveraged derivatives positions were liquidated across all crypto assets during the shake-out, CoinGlass veri shows.
Bitcoin declined 6% in a week even as Nasdaq rallied to record highs.