Data: The $ 740 million Bitcoin option last Friday accounted for 37% of all open currency transactions.

2020-8-27 11:46
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The newsbtc, Deribit, published an article on Friday (August 28) saying that 65,000 BTC options will expire with a face value of around $ 740 million, representing 37% of the total market interest. Deribit further explained that the $ 9,000 to $ 12,000 transaction could harm Bitcoin users. This is because continuing to trade these two steps can have a negative impact on the choice of traders, as it can be difficult to maintain both calls and dips.

Data: The $ 740 million Bitcoin option last Friday accounted for 37% of all open currency transactions.

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