The Critical Day of $3.6 Billion Has Come for Bitcoin: What’s the Price Status?

According to the data in the derivatives market, today in total More than $3.7 billion worth of Bitcoin options are set to expire.

According to data from Deribit, one of the largest options exchanges in the cryptocurrency industry, on February 23 $2 billion purchase; approximately $1.7 billion in sales in total $3.7 billion the option expires.

Among the options that will expire today, the options with the highest transaction volume are: At a strike price of 50 thousand dollars They were the ones who had it.

Put-call ratios below 1 are purchase volume sales volume It reflects passing and is interpreted as bullish. According to Deribit data, the put-call ratio of these options at 0.8 level.

Among open positions max pain point 48 thousand dollars was determined as . According to TradingView data, Bitcoin as of morning hours Just over $51k continues to be traded.

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