Deribit to see expiration of over 5 billion USD in Bitcoin and Ethereum options tomorrow

Deribit revealed on November 6 that more than 5 billion USD worth of Bitcoin and Ethereum options will expire tomorrow at 16:00 UTC+8.

After Bitcoin’s price decrease below 100,000 USD last week, caution has intensified. Bitcoin’s key price level remains around 108,000 USD with significant open interest at 100,000 USD.