Options for BTC and ETH with a nominal value of approximately 4.816 billion USD are set to expire on Friday
Deribit data shows that approximately $3.552 billion worth of BTC options and $1.264 billion worth of ETH options contracts will expire on Friday (August 30); the maximum pain price for BTC is $62,000, while for ETH it's $2,800.
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.
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