Around 26,500 Bitcoin options contracts will expire on Friday, May 16. They have a notional value of roughly $2.7 billion. This week’s event is very similar to , as derivatives crypto trading has yet to pick up. Spot markets have seen solid growth with Bitcoin reclaiming six figures, but momentum appears to be cooling now as they start to correct. The put/call ratio is 0.99, meaning that the short and long contract sellers are evenly matched. There is also a max pain point of $100,000, around $4,000 below current spot prices.Will Markets Continue to Fall When $3B Crypto Options Expire Today?

• By Team Sineira in News, Traceability