Deribit CEO: About $3 billion worth of BTC options will expire on November 8, with relatively strong bullish sentiment
2024-11-05 13:52:53
Luuk Strijers, chief executive of Deribit, said: "As we approach the US election, we are observing heightened market expectations, with around $3 billion of unpositioned squaring contracts currently due to expire on November 8, with bitcoin call options having strike prices of $70,000, $75,000 and $80,000 respectively, indicating relatively strong bullish sentiment." (TheBlock)
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