Leading crypto options exchange Deribit will settle bitcoin and ether's quarterly options contracts worth $9.5 billion and $5.7 billion, respectively. The $15 billion expiry, which is set to wipe out 40% and 43% of bitcoin and ether’s total notional open interest across maturities, is one of the largest in the exchange’s history, Deribit data show.
Leading crypto options exchange Deribit will settle bitcoin and ether's quarterly options contracts worth $9.5 billion and $5.7 billion, respectively.
The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 80 million users worldwide. Let's take a look at the chart of the day. Bitcoin and Ether could see upside volatility as $15 billion worth of options contracts expire. They bit the world's leading crypto options exchange will settle quarterly contracts. Bitcoin options account for 62% of the total notional open interest due for settlement with either options comprising the rest.
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