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$21 Billion Options Expiry Sparks Bitcoin, Ethereum Volatility

9/29/2025

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Summary

Story summary

Options expiry for Bitcoin and Ethereum involves $21 billion in contracts, likely triggering additional volatility in both markets.
The maximum pain theory targets BTC near $114,000 and ETH near $4,500 as expiry nears.
Market indicators show BTC bearish (PCR > 1) and ETH slightly bullish (PCR < 1) with typical 10-15% swings.

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Story summary

Options expiry for Bitcoin and Ethereum involves $21 billion in contracts, likely triggering additional volatility in both markets.
The maximum pain theory targets BTC near $114,000 and ETH near $4,500 as expiry nears.
Market indicators show BTC bearish (PCR > 1) and ETH slightly bullish (PCR < 1) with typical 10-15% swings.