The total open positions for BTC options across the network are 12.96 billion USD, while those for ETH options are 7.18 billion USD

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2024/02/08 03:29

Coinglass data shows that the nominal value of outstanding BTC options positions across the network is currently $12.96 billion, and for ETH options it's $7.18 billion. Previous news showed Deribit data indicating that BTC options contracts with a nominal value exceeding $573 million and ETH options contracts worth $468 million will expire on Friday (February 9). The maximum pain point price for BTC is $42,000; for ETH it's $2,350.

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