Spooky BTC Options? šŸŽƒ

Even with the huge deleveraging at the start of the month, Bitcoin is still set for a record-high $31 billion option expiry on Halloween.

šŸ“ What you need to know

A record $31 billion worth of Bitcoin options are set to expire on Halloween—and traders are bracing for fireworks.

The contracts, mostly on Deribit and CME, will test whether Bitcoin can hold steady above $100,000 or if profit-taking will sends prices tumbling. With so many bets clustered around key strike prices, volatility could spike as traders ā€œrollā€ positions into November or unwind them entirely.

It’s the largest options expiry in Bitcoin’s history, underscoring how derivatives markets now wield massive influence over crypto’s short-term swings—just in time for spooky szn.

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