Bitcoin’s bounce after $2.24B options expiry faded within two hours, CryptoSlate reports
CryptoSlate says Bitcoin gained roughly 0.2% after Deribit’s September 11 options expiry, but three trading venues were below their 08:00 UTC levels by 10:00 UTC.
TLDR
CryptoSlate reports that Bitcoin’s roughly 0.2% bounce after Deribit’s $2.24 billion options expiry on September 11 disappeared within two hours. The move fell short of a reversal seen in past research, the outlet says. It adds that public data couldn’t establish whether the same options positioning was present this time.
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