PANews reported on March 25 that according to CoinDesk, more than 139,000 BTC options contracts (worth about $12.13 billion) on Deribit will be settled this Friday, accounting for nearly 45% of the total active BTC contracts on all expiration dates. However, Deribit CEO Luuk Strijers said that the overall market situation shows that unless there is an external catalyst, the expiration and settlement of BTC options will not trigger a major market reaction. Also expiring on Friday are ether (ETH) options worth $2.8 billion.
Over $12 billion worth of BTC options on Deribit set to settle this week, but may not trigger a major market reaction
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