This Might Be the Reason for Bitcoin (BTC) Rise: $2.4 Billion Option Expired

High volatility in Ethereum (ETH) and Bitcoin (BTC) during the middle of the week was suggested to be associated with Bitcoin and Ethereum options that expired recently and are worth $2.4 billion in total.

Deribit, the crypto futures and options exchange according to the data provided October 28 on 1.3 billion dollar bitcoin and 1.1 billion in total, including $ Ethereum options 2.4 billion your dollar option his number is up.

experts, last 25-26 October appearing in Ethereum and Bitcoin volatility investors against freed options from repositioning itself can be caused they suggested.

a particular product until maturity/at maturity written on at the deal price and from the agreed custom granting the right to buy/sell Options, which are an investment tool, offer their investors unlike other investment tools. while giving rights, it keeps them away from obligations.

A good portfolio protection tool options, especially when concentrated in the markets high volatility is natural is met.

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