$3.3 Billion in Bitcoin Options Expire Today. Here's What It Means
About $3.3 billion worth of Bitcoin options expires today. Should traders cash out, they could dump a lot of Bitcoin on the market, potentially putting pressure on Bitcoin’s price. Should they HODL or reinvest, the crypto market's rivers could gush with fresh money. In addition to the Bitcoin investments, 400,000 ETH worth of Ethereum options contracts also expire today. That’s worth about $613 million.
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