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Bitcoin Price Holds $83K as Bitfinex Says Leverage Has Cleared

News.Bitcoin.com
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Bitcoin Price Holds $83K as Bitfinex Says Leverage Has Cleared

Bitcoin calls represent 60.88% of options open interest, while Deribit’s October max-pain level sits near $76,000, below bitcoin’s current $83,719 spot price. Futures exposure totals approximately $53 billion, led by Binance and CME. The market data on Wednesday shows concentrated October call positions, mixed exchange activity, and a substantially smaller CME options book than in […]

Key Takeaways

  1. Bitcoin calls represent 60.88% of options open interest, while Deribit’s October max-pain level sits near $76,000, below bitcoin’s current $83,719 spot price.
  2. Futures exposure totals approximately $53 billion, led by Binance and CME.
  3. The market data on Wednesday shows concentrated October call positions, mixed exchange activity, and a substantially smaller CME options book than in […]
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.