Post by: newshunter on May 30, 2021, 07:00:23 AM
The spot price crash reveals a high correlation with the derivatives markets as nearly $3 billion worth of options stand to expire in May.
Source: Crypto derivatives market down but not out as $3B expiry sours the mood (https://cointelegraph.com/news/crypto-derivatives-market-down-but-not-out-as-3b-expiry-sours-the-mood)
Would appreciate your opinion about this