$KAS The crypto market is about to face an important test – on Friday, December 26, the expiration of Bitcoin and Ethereum options worth $27 billion on the Deribit cryptocurrency derivatives exchange. The event affects over 50% of Deribit's total open interest. When large positions expire, it causes volatility in the market as traders rush to close deals or roll them over to new expiry dates.
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LeekDefinesTheKing
· 11h ago
The $KAS crypto market will face a significant test in the near future — on Friday, December 26th, Bitcoin and Ethereum options worth $27 billion dollars will expire on the crypto derivatives exchange Deribit. This event affects over 50% of Deribit's total open interest. When large positions expire, it can trigger market volatility as traders rush to close or roll over their positions to new maturities.
$KAS The crypto market is about to face an important test – on Friday, December 26, the expiration of Bitcoin and Ethereum options worth $27 billion on the Deribit cryptocurrency derivatives exchange. The event affects over 50% of Deribit's total open interest. When large positions expire, it causes volatility in the market as traders rush to close deals or roll them over to new expiry dates.