Community Articles

via CoinDesk · By CoinDesk Staff

The $6 billion expiration countdown: Traders pile into $82,000 bitcoin (BTC) calls ahead of May 29 expiry

BTC

BTC/USDT

$63,159.99
+0.10%
24h Volume

$2,125,898,178.57

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short
67.7%
Long: 67.7%Short: 32.3%
Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$63,133.51

0.08%

Volume (24h): -

Resistance Levels
Resistance 3$64,507.45
Resistance 2$63,879.31
Resistance 1$63,135.87
Price$63,133.51
Support 1$62,993.17
Support 2$61,814.38
Support 3$61,056.47
Pivot (PP):$63,064.66
Trend:Downtrend
RSI (14):43.6
CS
CoinDesk Staff
(10:53 AM UTC)
1 min read
MR
Updated byMichael Roberts

Deribit’s bitcoin open interest has overtaken BlackRock’s IBIT as traders brace for a showdown between $75K max pain and $80K call positioning.

Open Interest by Strike Price (Deribit)

What to know:

  • A total of 80,535 contracts worth $6.25 billion are set to settle on Deribit on May 29.
  • The $75,000 strike holds the largest put concentration at $394 million in notional value, while the $80,000 call…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Comments
Comments