The notional value of Deribit Q3 options delivery will reach $23 billion, setting a new record

Deribit announced on platform X that this Friday will witness its largest Q3 options expiration in history, with a notional value of approximately $23 billion.

The positions for this expiration are mainly concentrated in Bitcoin put options with strikes between $95,000 and $110,000, as well as open contracts for Ethereum above $4,000.