English | Español | Français
Market Cap: $ 3.49 T 24h Vol: $ 132.23 B BTC Share: 60.99%
BTCNEWS
  • Bitcoin
  • ETF
  • Prices
  • Exchanges
  • Glossary
bitcoinBTC/USD
$ 107,135.70 2.01%
No Result
View All Result
BTCNEWS
  • Bitcoin
  • ETF
  • Prices
  • Exchanges
  • Glossary
BTCNEWS
No Result
View All Result
Home Latest

Ethereum and Bitcoin Options’ Expiration Ignite Uncertainty as BTC Approaches Record Highs

Bullish Bias in Bitcoin Markets Amid Whale Activity and ATH Approach, Ethereum Sluggish After Options Expiry

Mark Valerius by Mark Valerius
October 26, 2024
Share on FacebookShare on Twitter

Key Points

  • Bitcoin options expiration on October 25th showcased a bullish sentiment among traders, with a rise in Bitcoin whales hinting at potential gains.
  • Ethereum options expiration on the same date showed a balanced sentiment between bullish and bearish positions, with prices hovering near lows.

On October 25th, a significant event in the crypto market took place with the expiration of Bitcoin and Ethereum options.

Bitcoin Options Expiration

During this event, 63,000 Bitcoin options contracts expired, indicating a generally bullish sentiment among traders.

The Put-Call Ratio of 0.66 suggested that call options exceeded put options, indicating a tendency towards upward price movements.

Bitcoin traded around $67,000 at the time of expiration, slightly down from a recent high of $68,000 but still close to its all-time high of $70,000.

Whale Activity in Bitcoin

Data from Santiment showed an increase in the number of Bitcoin whales over the past two weeks, with 297 new wallets holding at least 100 BTC being added.

This increase often aligns with upward price momentum, suggesting possible further gains for Bitcoin.

Ethereum Options Expiration

Simultaneously, 403,426 Ethereum options contracts expired, with a Put-Call Ratio of 0.97, reflecting a balanced sentiment between bullish and bearish positions.

At the time, Ethereum traded at $2,468, near its Max Pain point, suggesting limited price movement. This contrasted with Bitcoin’s stronger price dynamics, indicating signs of investor indecision for Ethereum.

Tags: Bitcoin (BTC)

Related News

bitcoin debate

Core Developers Are ‘Risk To Bitcoin’ In Governance Battle, Says JAN3 CEO Samson Mow

June 10, 2025
Interview with 0G Labs’ Michael Heinrich on The Convergence of AI and web3

Interview with 0G Labs’ Michael Heinrich on The Convergence of AI and web3

June 10, 2025
market libra

Argentine President Cleared Of Ethics Violations In $4.5 Billion LIBRA Crash

June 10, 2025
ripple

Ripple Bets Big On Japan: $200K Partnership Grants Signal Major Asian Expansion

June 10, 2025
bitcoin
Bitcoin (BTC)
Rank: 1
$ 107,135.70
Price (BTC)
Ƀ1.00000000
Marketcap
$ 2.13 T
Volume
$ 34.68 B
24h Change
2.01%
Total Supply
19.88 M BTC

  • About Us
  • Contact
  • Advertise
X-twitter Telegram Facebook Instagram Youtube Medium Linkedin

Information you can trust

BTCNews.com provides Bitcoin news and other cryptocurrency news, reaching millions of crypto enthusiasts daily.

It offers comprehensive coverage of business, financial, and international news related to digital assets.

Serving professionals through digital platforms, industry conferences, and direct updates, BTCNews.com is a premier provider of blockchain and crypto news.

Disclaimer: The information provided by BTCNews.com is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments are highly volatile and involve significant risks.

Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. BTCNews.com is not responsible for any losses incurred due to the use of information provided on this site.

  • © 2008 - 2024 BTCNews.com
  • Terms of Use
  • Privacy
  • Cookies
No Result
View All Result
  • Market
    • Crypto Prices
    • Crypto Exchanges
  • Learn
    • Glossary
  • News
    • Latest

© 2008 - 2024 BTCNews.com