QCP Capital: Nearly $20 billion in notional value of Bitcoin and Ethereum options will expire this Friday

ChainCatcher message, Singaporean crypto investment firm QCP Capital stated that after a market washout last week, spot prices have remained in a sideways trend. This Friday will see the expiration of nearly $20 billion in Bitcoin and Ethereum options, accounting for nearly half of Deribit's total open interest.

The options expiration may trigger quarter-end volatility sell-offs, especially as spot prices remain stagnant and sellers continue to roll over short positions.

If BTC breaks through $100,000, volatility may remain stable; otherwise, altcoins may have a chance to catch up. Currently, BTC's market share is 58%, and attention should be paid to whether funds flow into altcoins to confirm a trend reversal.