Bitcoin & Ethereum Options Expire: Over $2 Billion at Stake

A significant amount of Bitcoin and Ethereum options is set to expire tomorrow, with over $2.85 billion in notional value expiring for Bitcoin and $316 million for Ethereum. 📈 This expiration coincides with a bullish period for both cryptocurrencies, with Bitcoin trading above $94,000 and Ethereum surpassing $1,800. Deribit, a prominent derivatives exchange, has revealed the expiry data for these options, highlighting the significant impact this upcoming event might have on the market.