Bitcoin Volatility Expected as $10 Billion Options Expire on Deribit

Bitcoin’s upcoming options expiration is expected to bring significant volatility to the market. Over 20% of open positions on Deribit, the largest options exchange, are set to expire “in the money” (ITM) on June 28. ITM options indicate that many investors are in positions to realize profits, leading to high trading volume and price fluctuations.

Source: CoinOtag