QCP Capital: Nearly $20 billion in notional value of Bitcoin and Ethereum options will expire this Friday
ChainCatcher message, Singaporean crypto investment firm QCP Capital stated that after a market washout last week, spot prices have remained in a sideways trend. This Friday will see the expiration of nearly $20 billion in Bitcoin and Ethereum options, accounting for nearly half of Deribit's total open interest.
The options expiration may trigger quarter-end volatility sell-offs, especially as spot prices remain stagnant and sellers continue to roll over short positions.
If BTC breaks through $100,000, volatility may remain stable; otherwise, altcoins may have a chance to catch up. Currently, BTC's market share is 58%, and attention should be paid to whether funds flow into altcoins to confirm a trend reversal.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags