Bitcoin Price Faces Another Test as $10.9B Deribit Options Expire Today
🚀 **Massive Expiry:** Approximately 135,000 BTC in options contracts, valued at $10.9 billion, are set to expire today on Deribit, potentially impacting market volatility.
📉 **Max Pain Level:** The max pain price for Bitcoin is at $78,000, aligning closely with its current trading price, while the put/call ratio indicates a bullish sentiment with calls outnumbering puts nearly two to one.
🔮 **Market Predictions:** ...
BINANCE SAYS ALL HACK LOSSES WILL BE COVERED BY SAFU AND ITS OWN FUNDS 🤝.
Binance has confirmed that all losses resulting from the theft will be fully covered by the SAFU Fund and Binance's own funds. Users won't be left bearing the cost of the incident.
There's another interesting detail worth noting.
Between February 2 and February 12, Binance cumulatively spent around $1 billion to acquire 15,000 BTC, at an average price of approximately $66,666.66 per BTC.
Based on the figures shared, that ...
Everyone seems ready to short $BEAMX here… but what if they’re walking straight into a trap?
Honestly, I’m holding a big bag, and I’m not looking to join that crowd.
The part that matters to me is the huge cluster of short positions sitting above the current price. If $BEAMX keeps its footing and starts climbing, those shorts could be forced to buy back their positions, adding even more fuel to the move.
Imagine shorting here because the chart looks too high, only to become exit liquidity wh...