Rafael(@n3ocortex):$5B on $IBIT and $14B on Deribit expire later this month, most of it calls struck at $80K and up. Spot at $79K. The options market is positioned for a move above $80K that spot has not made yet. ~3 weeks to find out.

Rafael

@n3ocortex

Joined June 2016

755 Following 51.1K Followers

Rafael@n3ocortex

2026.09.03 14:16

$5B on $IBIT and $14B on Deribit expire later this month, most of it calls struck at $80K and up. Spot at $79K. The options market is positioned for a move above $80K that spot has not made yet. ~3 weeks to find out.

glassnode@glassnode

2026.09.02 16:28

Bitcoin has stalled below long-term overhead supply. The trading range is well-defined by two cost basis clusters. Liquidation clusters also provide significant confluence. Read our latest Week On Chain Article