More than $15 billion in BTC and ETH options will be delivered on Friday, which may have an impact on market institutions
The Cook Capital published market insights on X platform: This Friday is the quarterly big delivery day, with 41% of BTC options and 46% of ETH options expiring and delivering, with a total delivery amount exceeding 15 billion US dollars. Both in proportion and value, it is almost the largest quarterly delivery in history. Such a large-scale delivery will undoubtedly bring the release of a huge amount of margin, which will have an impact on the current market institutions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pepe’s market cap briefly tops $10 billion on back of 77% price surge
The price of the frog-faced memecoin surged 77% in the past 24 hours to trade at $0.000024.Major exchanges, including Coinbase, Robinhood and Upbit, have recently listed Pepe trading pairs.
ETH killers are still no closer to doing the deed
Solana is the crowd favorite to potentially flip Ethereum somewhere down the line, and it tends to feel realistic at times
Bitcoin at $100k very possible before EOY, analysts say
The market is due for a breather, but analysts expect prices to continue moving up in the coming weeks
FBI raids Polymarket founder's home