The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Sign in to access this content
Sign InIn a move reflecting the cyclical nature of digital derivative markets, a total of $2.13 billion worth of Bitcoin and Ethereum options contracts reached their scheduled expiry. According to reports, this massive event initially created bearish sentiment across the market before prices showed early signs of recovery. This volatility stems from traders settling or rolling over their positions, which typically forces sharp price adjustments in the hours surrounding the expiry.
This settlement occurs amid mixed market flows, with market data indicating that options trading volumes have seen a notable uptick compared to previous months per Deribit data. Compared to the Q1 expiry which exceeded $15 billion, this monthly settlement is moderate in size but technically significant. Experts noted that the "Max Pain" point for Bitcoin hovered near current price levels, mitigating the likelihood of a major price collapse according to market analysis.
Looking at price action, Bitcoin stabilized at cautious volatility levels as of the close on July 3, 2026. Traders are now monitoring the U.S. economic calendar, with the Commitment of Traders (CFTC) data due later today, followed by Fed Barkin's speech on June 28, events that could dictate liquidity direction for high-risk assets.