Bitcoin and ETH face $11b expiry as crypto selloff deepens
Bitcoin faces $11b options expiry as BTC and ETH trade below max pain, with traders watching $60,000 support and downside hedging this week.
Crypto Daily·
10.83M BTC now sit at unrealized loss as LTHs hold ~75% of supply, per Glassnode. What that signals for support, capitulation risk, and the next move.
Read full articleBitcoin faces $11b options expiry as BTC and ETH trade below max pain, with traders watching $60,000 support and downside hedging this week.
Digital mining firm Gomining said it mined the first live Bitcoin block using the Stratum V2 protocol via the DMND mining pool. A Milestone for Miner Autonomy Digital mining firm Gomining revealed Thursday, June 25, that it successfully mined the first known live Bitcoin block utilizing the Stratum V2 protocol. The block was produced in […]
The significant outflow from BlackRock's Bitcoin ETF highlights broader market volatility and investor caution, impacting Bitcoin's price dynamics. The post BlackRock’s Bitcoin ETF sheds $265M in single outflow event appeared first on Crypto Briefing.
Quarterly Bitcoin options expiry puts ~$10B at stake, with ~80% OTM and max pain near $72K–$74K. Dealer gamma flips near $68K–$70K may blunt pinning.
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