Market makers in ‘fear mode’ ahead of Friday’s $575M Bitcoin options expiry
On June 4, a total of 15,530 Bitcoin (BTC) options are set to expire, which represents $575 million in open interest. At the moment, bulls are still heavily impacted by May’s 37% BTC price correction, and this has led most call (buy) options to be underwater. Despite the crash, Bitcoin’s active supply reached a five-month










