Bitcoin Options Open Interest Hits Peak Hours Before Giant $1B Expiry

The $1 billion expiration is only one day away. Big things to come for Bitcoin and we have only just begun

Bitcoin Options Open Interest Hits Peak Hours Before Giant $1B Expiry

“’The total open interest for bitcoin derivatives on CME (futures + options) just reached a new all-time high. This is mostly driven by increased demand for options, ‘fellow analyst Arcane Research summarized in a blog post, citing data from Skew.

‘Friday marks a huge day in the option market as $1 billion worth of bitcoin contracts will expire, with CME accounting for close to $300 million.'”

 

https://cointelegraph.com/news/bitcoin-options-open-interest-hits-peak-hours-before-giant-1b-expiry

Master Asked on June 25, 2020 in Bitcoin.
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