Bitcoin and Ethereum Options Worth $2.18 Billion Set to Expire March 13

Bitcoin and Ethereum Options Worth $2.18 Billion Set to Expire March 13

The expiry covers 26,000 Bitcoin options and 182,000 Ethereum options, with max pain levels at $69,000 for Bitcoin and $2,000 for Ethereum.

BTC
ETH

Fact Check
The claim is accurately supported by detailed reports from major cryptocurrency exchanges. Both Bitget News and KuCoin Flash provide identical data points: 26,000 BTC options ($1.8B value) and 182,000 ETH options ($380M value) totaling $2.18 billion, with max pain levels at $69,000 and $2,000 respectively.
    Reference12
Summary

No Summary provided as the original text is short

Terms & Concepts
  • Options expiry: The scheduled date when options contracts settle or become void, often influencing short-term market positioning and volatility.
  • Max pain: A pricing level where the largest number of options contracts expire worthless, potentially affecting trader expectations near expiry.
  • Implied volatility: A market-based estimate of expected future price swings derived from options pricing.