Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Data: More than $6.3 billion worth of Bitcoin options on Deribit will expire this Friday

CointimeCointime2024/04/24 15:43
By:Cointime

According to The Block, Bitcoin options worth over $6.3 billion and Ethereum options worth over $3 billion will expire on Friday. However, the situation with Ethereum options shows that the number of put options and call options is significantly lower than the ratio for Bitcoin. For Ethereum contracts, the ratio of put options to call options before the Friday expiration is low at 0.49. It is reported that a ratio of less than 1 for put options to call options indicates that the trading volume for call options exceeds that for put options, and also indicates bullish sentiment in the market.

0

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.

PoolX: Stake to earn
APR up to 10%. Always on, always earning.
Stake now!

You may also like

Announcement on Resumption of FTM Network Deposit and Withdrawal Services

We are pleased to announce that FTM network deposit and withdrawal services are available again on our platform. We apologize for any inconvenience caused during the suspension period! Join Bitget, the World's Leading Crypto Exchange and Web 3 Company Sign up on Bitget now >>> Follow us on Twitter

Bitget Announcement2024/09/28 10:27