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Bitcoin options open interest for March expiry on Deribit hits | Crypto | Bitcoin | Blockchain

Bitcoin options open interest for March expiry on Deribit hits record levels

Over $9.5 billion worth of bitcoin options open interest is set to expire this week on the Deribit cryptocurrency derivatives exchange. This makes Friday's end-of-month expiry one of the largest the leading crypto derivatives exchange has ever seen. "This Friday marks one of the biggest expiries in Deribit's history as $9.5 billion bitcoin options open interest out of $26.3 billion will expire, or 40%," Deribit analysts said in a note sent to The Block.

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