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Deribit CEO: About $3 billion worth of BTC options will expire on November 8, and bullish sentiment is relatively strong

Deribit CEO: About $3 billion worth of BTC options will expire on November 8, and bullish sentiment is relatively strong

CointimeCointime2024/11/05 14:11
By:Cointime

Deribit CEO Luuk Strijers said: "As the US election approaches, we have observed an intensification of market expectations. Currently, there are approximately 3 billion US dollars of open option contracts that will expire on November 8th, with the execution prices of Bitcoin call options at 70,000 US dollars, 75,000 US dollars, and 80,000 US dollars respectively, indicating relatively strong bullish sentiment." (TheBlock)

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