Postaus

$6.4B in BTC options expire Friday 08:00 UTC a fifth of Deribit's open interest in one settlement. Meanwhile perp liquidation max pain sits at $77,567 just 2.66% above and 2.50% below current price. Tight zone, both sides loaded. Same day as Kevin Warsh's first Jackson Hole keynote as Fed Chair. Options unwind, liquidation pressure, and a live macro speech right at the $80K test.$BTC #BTCOptionsExpiryTest