Markets1 source
Bitcoin traders face Friday’s $2.7 billion options expiry with a dangerous five-hour blind spot
Headline from CryptoSlate
Key points
- Bitcoin options traders are preparing for a massive two point seven billion dollar options contract expiration on Friday.
- The event on the Deribit exchange occurs five and a half hours before crucial U.S. payroll data is released.
- This timing gap creates a potentially risky blind spot for market participants holding longer-dated put options at higher quoted prices.
Summarized automatically by Kryptokite from reporting by CryptoSlate. Read the original sources for full detail.
Coins mentioned
Sources
- CryptoSlateBitcoin traders face Friday’s $2.7 billion options expiry with a dangerous five-hour blind spot · 1 hour agoRead on CryptoSlate
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