$KAS $KAS The crypto market will face an important test in the near future—on Friday, December 26th, Bitcoin and Ethereum options will expire, involving a total amount of $27 billion USD, at the crypto derivatives exchange Deribit. This event affects over 50% of Deribit's total open interest. When large positions expire, market volatility can be triggered as traders rush to close or roll over their positions to new maturities.
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$KAS $KAS The crypto market will face an important test in the near future—on Friday, December 26th, Bitcoin and Ethereum options will expire, involving a total amount of $27 billion USD, at the crypto derivatives exchange Deribit. This event affects over 50% of Deribit's total open interest. When large positions expire, market volatility can be triggered as traders rush to close or roll over their positions to new maturities.