The $6 billion expiration countdown: Traders pile into $82,000 bitcoin calls ahead of May 29 expiry
CoinDesk
Traders are heavily active in $82,000 bitcoin call options ahead of a massive $6.25 billion expiry on Deribit.Summary
Bitcoin options totaling $6.25 billion are set to expire on May 29 on the Deribit exchange. Market data shows a significant concentration of activity at the $75,000 and $80,000 strike prices, with the $82,000 call option drawing substantial interest, indicating bullish sentiment. While the max-pain price sits at $75,000, current trading volumes suggest investors are positioning for potential upward breakouts.
(Source：CoinDesk)