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Alex_Trade✔️
$ETH has a very different setup from the headlines suggest.
Friday’s ETH options expiry carries roughly $2.3B in open interest.
Put/call OI is around 0.63.
Meanwhile, the largest liquidation recorded in the last 24H was a ~$10M ETH position.
A lot of positioning is sitting around the expiry.
That’s where the next volatility could come from.
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BTC/USDTBitcoin
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