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QCP Capital: Nearly $20 billion in notional value Bitcoin and Ethereum options will expire this Friday
Editor
2024-12-24 11:03 3,655
Golden Finance reported that Singapore-based crypto investment institution QCP Capital said that after the market experienced a washout last week, spot prices maintained sideways fluctuations. This Friday will mark the expiry of nearly $20 billion in Bitcoin and Ethereum options, accounting for nearly half of Deribit’s total holdings. Options expiration could trigger a late-quarter volatility sell-off, especially if spot prices move sideways and sellers continue to roll short positions. If BTC breaks $100,000, volatility may remain stable, otherwise altcoins may have a chance to catch up. With BTC market share currently at 58%, watch for funds flowing into altcoins to confirm a trend shift.
Keywords: Bitcoin
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