Deribit Faces $3.1 Billion Crypto Options Expiry: Market Implications Expected

Deribit will manage a significant crypto options expiry event worth over $3.1 billion across Bitcoin and Ethereum, with potential market impacts and volatility. This upcoming expiration date is anticipated to influence trading strategies and create opportunities for traders. 📈 💰 Key data points include: *Bitcoin options totaling $2.66 billion, while Ethereum options reach $525 million.* The maximum loss potential for Bitcoin is set at $100K, while the potential for Ethereum is capped at $2,200. Deribit’s team is closely monitoring developments and keeping stakeholders informed.