BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Deribit Exchange Faces $23B Options Expiration as Market Braces for Volatility
Deribit Exchange Faces $23B Options Expiration as Market Braces for Volatility
17
1
Deribit exchange News -
The cryptocurrency market is experiencing heightened volatility as $23 billion in options contracts approach expiration on Deribit exchange. Bitcoin and Ethereum are bearing the brunt of the pressure, with put-call ratios signaling bearish sentiment. Bitcoin's max pain price sits at $110,000, while Ethereum struggles to maintain its $4,000 level against concentrated put options.
Deribit has become the epicenter of market tension as traders prepare for potential liquidations. The exchange's September 27 expiration event represents one of the largest in crypto history, with XRP and solana contracts adding to the downward pressure. Market makers appear positioned to capitalize on the max pain thresholds, creating headwinds for bullish traders.
By:
