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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

$62,884.42
-1.91%
24h Volume

$18,034,439,382.55

24h H/L

$64,275.38 / $61,938.00

Change: $2,337.38 (3.77%)

Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$62,930.42

0.31%

Volume (24h): -

Resistance Levels
Resistance 3$68,191.60
Resistance 2$64,849.00
Resistance 1$63,427.33
Price$62,930.42
Support 1$62,827.04
Support 2$60,965.73
Support 3$59,130.91
Pivot (PP):$62,896.04
Trend:Downtrend
RSI (14):38.2
CS
CoinDesk Staff
(10:53 AM UTC)
1 min read
MR
Updated byMichael Roberts
1212 views
0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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