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Bitcoin’s $13B Options Expire May Push Price To New Lows
Bears control Bitcoin’s upcoming $13 billion options expiry. Will the outcome translate to further downside in BTC price?
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coindesk.com
Bitcoin options traders brace for pivotal $10.6 billion June expiry
Only 20% of June 26 options open interest is currently in the money, while bitcoin's 12% monthly decline leaves most bullish positions underwater.
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Bitcoin traders load up on bearish bets all the way down to $52,000
Bitcoin traders are scrambling to buy options bets that would pay off if the selloff deepens.
