Week of Sept 21-27: $16.6B Deribit options expiry, XPL unlock, PMIs after Fed hike
- —Deribit options expiry on September 25: $14.73 billion in BTC open interest, max pain around $72,000
- —Plasma will unlock about 1.76 billion XPL worth roughly $158 million on September 25
- —Preliminary US and eurozone PMIs due September 23 — the first activity survey after the rate hike
- —Bitcoin trades around $81,300, market capitalization back at $2.88 trillion
Why it matters: A large derivatives expiry and the XPL unlock could amplify volatility, while the PMIs will shape Fed rate expectations through year-end.
Source: The Crypto Times