
Crypto options exchange Deribit is set for a record-breaking week with over $15 billion in options expiring for Bitcoin and Ethereum. The quarterly delivery includes 135,000 BTC options with a notional value of $9.5 billion and 1.58 million ETH options. Market participants are anticipating significant volatility as a result of the large expiry.

#BTC options - 31 March expiry got listed today. Additional orderbook liquidity has been added across all expirations over the past week. If you want to trade bigger tickets as a block you can use our RFQ interface. (https://t.co/JiE4jkZOF7) Get started here:… https://t.co/2i9k4MtTk5
Expired. This was the largest quarterly expiry in history and wiped 40% of total notional OI across all contracts. Max pain was $50k, therefore no downward pressure - too far away to hit. For once, volatility more likely up than down. But looks flat. https://t.co/kM6OyKuKHO
$9.5 billion worth of #Bitcoin options expire today 💥🔥