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#BTCOptionsExpiryTest

Q: What is BTCOptionsExpiryTest?

BTCOptionsExpiryTest is BTC pulled back toward $80,000 after breaking above it. K33 says the rally included the largest one-day short squeeze in its data, followed by lower futures open interest, showing short covering was a major driver. US spot BTC ETFs drew $1.92B last week, adding spot demand, but the surge raised profit-taking risk. About $6.44B in BTC options expire Aug 28, with positions clustered around $75,000-$80,000. As the squeeze fades, can ETF and spot buying absorb sellers and turn this rebound into a la. Follow this topic on OKX Orbit for the latest community posts and token insights.

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About BTCOptionsExpiryTest

BTC pulled back toward $80,000 after breaking above it. K33 says the rally included the largest one-day short squeeze in its data, followed by lower futures open interest, showing short covering was a major driver. US spot BTC ETFs drew $1.92B last week, adding spot demand, but the surge raised profit-taking risk. About $6.44B in BTC options expire Aug 28, with positions clustered around $75,000-$80,000. As the squeeze fades, can ETF and spot buying absorb sellers and turn this rebound into a la

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