Deribit reports a record options expiry, with significant positions focused on Bitcoin put options between $95,000 and $110,000 and Ethereum open interest above $4,000, indicating potential market volatility.
Deribit announced that approximately $23 billion worth of Bitcoin and Ethereum options will expire this Friday, marking a major expiration event. The largest positions are concentrated in Bitcoin put options between $95,000 and $110,000, with Ethereum open interest above $4,000. These positions suggest a mix of protective and bullish bets, highlighting traders' expectations of potential market volatility.