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