tldr; Around $10 billion in crypto options are set to expire today, including 80,000 Bitcoin options contracts valued at $8.36 billion and 600,000 Ethereum contracts worth $1.95 billion. Despite the large expiry, such events rarely impact spot markets, which have remained stable this week. The Bitcoin options have a put/call ratio of 0.68, indicating more long positions. Open interest is highest at the $120,000 strike price. Analysts suggest February may see better crypto price action than January.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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