Why is Crypto Crashing Today: $16.4 Billion in Bitcoin and Ethereum Options Expire Friday
One of the largest single-day options expiries of the year is hitting markets on Friday, and the clock is already ticking. A combined $16. 4 billion in Bitcoin and Ethereum options contracts are set to expire at 8am UTC. What Is Actually Happening When options expire at this scale, markets experience what traders call “max pain,” …
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