X @Wu Blockchain

Market Volatility - Market volatility has increased due to approximately $23 billion in Bitcoin options expiring next Friday [1] - This expiration accounts for over 50% of total open interest on Deribit [1] - The large option expiration could amplify price swings [1] Options Market - Thirty-day implied volatility has rebounded to nearly 45% [1] - Options skew around -5% indicates downside risk dominates market pricing [1]