$KAS The crypto market is about to face an important test – on Friday, December 26, the expiration of Bitcoin and Ethereum options worth $27 billion on the Deribit cryptocurrency derivatives exchange. The event affects over 50% of Deribit's total open interest. When large positions expire, it causes volatility in the market as traders rush to close deals or roll them over to new expiry dates.

KAS0.94%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
LeekDefinesTheKingvip
· 20h ago
The $KAS crypto market will face a significant test in the near future — on Friday, December 26th, Bitcoin and Ethereum options worth $27 billion dollars will expire on the crypto derivatives exchange Deribit. This event affects over 50% of Deribit's total open interest. When large positions expire, it can trigger market volatility as traders rush to close or roll over their positions to new maturities.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)