53% of BTC options just expired, marking largest expiry in history

posted 3 months ago
Bitcoin and just saw its largest options expiry ever, marking a major milestone for the cryptocurrency market. This expiry took place earlier today and it did not coincide with any intense volatility, despite what some analyst had forecasted.

It now appears that the volatility associated with this event did occur earlier this week. It is possible that the options expiry, and investors’ anticipations about it, helped fuel the recent Bitcoin decline to lows of under $9,000.
Tags: bitcoin, news, opinion