Over $2.2 Billion in Bitcoin and Ethereum Options Set to Expire on Good Friday
On Good Friday, over $2.2 billion in Bitcoin and Ethereum options contracts will expire, suggesting potential volatility in crypto markets. The put-to-call ratios indicate more traders are betting on price increases, with analysts expecting continued uncertainty and possible black swan events due to macroeconomic factors.
On Good Friday, April 18, over $2.2 billion worth of Bitcoin (BTC) and Ethereum (ETH) options contracts will expire, causing potential market fluctuations. The expiry includes 23,221 Bitcoin options with a notional value of $1.966 billion, and 177,130 Ethereum options valued at $279.789 million. The put-to-call ratios are 0.96 for Bitcoin and 0.84 for Ethereum, indicating optimism with more calls than puts.
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