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About $5 Billion USD Worth of BTC Options Set to Expire on Friday, Key Pain Point at $98,000

4 hours ago

On February 26th, based on Deribit data, approximately $5 billion worth of Bitcoin (BTC) options contracts are scheduled to expire on Deribit this Friday at 16:00 Beijing time, with the maximum pain point at $98,000. According to Deribit data, among the $5 billion notional value set to expire, $3.9 billion (78%) will expire out of the money (OTM), indicating that these contracts will be of no value. Nearly 100% of the call options are OTM, that is, bullish wagers. Since the Bitcoin price has dropped significantly in the past few days, investors have suffered considerable unrealized losses.
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Safe: Developer Machine Compromised Resulting in Bybit Hack, Smart Contract and Frontend Code Not Vulnerable

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ZachXBT has joined Paradigm as an advisor

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Due to Bybit Report Impact, SAFE Experiences Short-Term Price Drop of Over 12%

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Bybit: $1.5 Billion Hack Due to Safe Infrastructure Vulnerability

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Analyst: Bitcoin Indicators All Enter Correction Range, Clear Bottom or Need More Time

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