More than $15 billion in BTC and ETH options will be delivered on Friday, which may have an impact on market institutions
This Friday is the big quarterly delivery day. 41% of BTC options and 46% of ETH options will expire and be delivered. The total delivery amount exceeds 15 billion US dollars. It is almost the largest quarterly delivery in history in terms of proportion and value. Such a large-scale delivery will undoubtedly lead to the release of huge amounts of margin, which will have an impact on the current market institutions.
In my opinion, this is an opportunity. What is the use of releasing a huge amount of margin? There will definitely be some flow into the spot.
Of course it’s Friday again. As for whether it’s black or white, just keep an eye on it. Hold the spot currency and wait for the price to rise. If you finally get some results, don't be scared!