$22B Bitcoin Options Expiry Looms
Pulse of the market
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Bitcoin dropped to $109,630 – its lowest in over three weeks – wiping out $275M in leveraged long positions. Traders are eyeing Friday’s massive $22B BTC options expiry as a key risk event.
If BTC fails to reclaim $110K, bearish put options could gain a $1B edge, intensifying selling pressure. -
If BTC can’t reclaim $110K, puts could dominate and fuel even more selling. Friday’s expiry might decide short-term market direction.
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