Bitcoin faces the largest options expiry in history this Friday, which may drive Bitcoin’s price up
According to ChainCatcher, approximately $23.6 billion worth of bitcoin options will expire this Friday, marking the largest options expiration date in bitcoin's history. Analysis indicates that the scale of this expiration is extremely large and overall leans bullish. The max pain point (the price level at which option buyers incur the greatest losses and sellers gain the most at expiration) is $96,000, which will reinforce the upward price trend.
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