All-time high amount of Bitcoin options open interest on Deribit set to expire on Friday

According to TechFlow news, cryptocurrency derivatives exchange Deribit will expire more than $9.5 billion worth of Bitcoin options positions this week, which will become one of the largest expirations in the history of the exchange.

Deribit analysts said in a report to The Block: “This Friday will mark one of the largest expirations in Deribit’s history, with $9.5 billion of Bitcoin options holdings out of $26.3 billion set to expire, accounting for a total of 40% of the quantity.”