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Deribit CEO: BTC options worth about 3 billion USD will expire on November 8th, with relatively strong bullish sentiment

Deribit CEO: BTC options worth about 3 billion USD will expire on November 8th, with relatively strong bullish sentiment

Bitget2024/11/05 14:01

Deribit CEO Luuk Strijers said, "As the U.S. election approaches, we have observed an intensification of market expectations. Currently, there are about 3 billion dollars worth of open futures contracts set to expire on November 8th. The execution prices for Bitcoin call options are respectively $70,000, $75,000 and $80,000 which indicates a relatively strong bullish sentiment." (TheBlock)

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