Here's how bitcoin's $7.9 billion April options expiry impact prices
CoinDesk·3h ago·Neutral
What Happened
Approximately $7.9 billion in Bitcoin options expire Friday on Deribit exchange. Traders watch $62,000 and $75,000 as critical price levels. The $75,000 strike shows $395 million in call open interest with deeply negative gamma exposure, potentially amplifying price swings. Dealer hedging flows may reinforce directional movements around this zone.
Key Entities
BitcoinDeribit$7.9 billion$75,000$62,000options expirygamma exposure