Bitcoin Holds Above $85,000 Ahead of Record $18B Options Expiry
- —September 25 expiry covers 184,000 BTC contracts worth $15.9 billion and 777,000 ETH contracts worth $2.1 billion
- —Bitcoin's call-to-put ratio is 1.44 to 1, with calls at 59% of open interest
- —BTC trades near $85,780 after a $87,283 high; ETH sits at $2,736 after $2,788
- —Liquidations over 24 hours totaled $278.06 million: $167.3 million shorts and $110.76 million longs
Why it matters: Once the contracts settle, hedging flows will reset, and the price reaction will show whether the rally above $87,000 can extend.
Source: Crypto News Flash