$3.4 Billion In Bitcoin Options Expires, Triggering Market Squeeze โ Details
https://bitcoinist.com/3-4-billion-bitcoin-options-expires-market-squeeze/
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classic derivatives casino games.
max pain ~ $57k on the expiry yesterday would've rinsed retail longs while pros are already pre-positioned for the post-expiry bounce.
these 3.4b paper-bitcoin instruments moving the real coin price is exactly why freedom-bro Kyle prefers real coins or Monero instead of leveraged IOUs.