Prop firm news

On Friday, $10.86 billion worth of Bitcoin options expire — and the market is paying for a decline

On October 30 at 11:00 Moscow time, monthly options on BTC worth $10.86 billion and on ETH worth $783 million expire on the Deribit exchange. After BTC fell below $80,000, downside protection there costs noticeably more than bets on growth.

Whales deposited 6,168 BTC to Coinbase Prime overnight - that's $498.5 million

Three large holders (known as whales) transferred a total of 6,168 BTC to Coinbase Prime - the division of the Coinbase exchange for institutional clients - overnight, about $498.5 million. This is happening with Bitcoin priced around $80,800, that is, at the month's lows.