Deribit Foresees US$15B Crypto Options Expiry

Deribit is ready for a historic week as options worth over US$15 billion in Bitcoin and Ethereum are about to expire.

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One of Deribit's biggest options contract expirations is this occurrence.

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The division comprises US$5.7 billion in Ethereum options and US$9.5 billion in Bitcoin options.

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This increase is the result of recent price increases in both cryptocurrencies.

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Through IV levels at 63% and 67%, Deribit indicates a contango in volatility for both ETH and BTC.

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