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The total open positions for BTC options across the network are 24.99 billion USD, while those for ETH options are 11.91 billion USD

The total open positions for BTC options across the network are 24.99 billion USD, while those for ETH options are 11.91 billion USD

2024/03/06 05:52
BTC-0.28%ETH-1.49%

Coinglass data shows that the nominal value of outstanding BTC options positions across the network is currently $24.99 billion, and the nominal value of outstanding ETH options positions is $11.91 billion.

Earlier news showed Deribit data indicating that BTC option contracts with a nominal value exceeding $1.829 billion and ETH option contracts worth $953 million will expire on Friday (March 8). The maximum pain point price for BTC is $60,000; for ETH it's $3,200.

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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