₿ $6.4B in Bitcoin Options Expire Near $80,000
Bitcoin options worth $6.4 billion expired today as BTC hovers around the $80,000 mark — a dramatically different level than where many of those contracts were opened.
The expiry follows Bitcoin's significant run from roughly $62,000 to $80,000. With that slate of contracts now cleared, traders are expected to rebuild their positions around the current price range.
Large options expiries can temporarily influence price action as market participants adjust hedges and open new contracts in the aftermath.
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1August 28, 2026 923 1
