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$11 Billion in Bitcoin Options Expire Friday — Max Pain at $78,000: What the Expiry Really Signals
Friday morning is the biggest derivatives event of the month for crypto, and it arrives with Bitcoin pinned almost exactly where the market least wants it to be. Around 135,000 Bitcoin options with a notional value of roughly $10.9 billion expire on Deribit at 08:00 UTC on Friday, October 30 — about a third of the platform's open interest, according to Deribit data reported across...
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