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Bitcoin's June downturn leaves $8.6 billion in options out of the money
Bitcoin's June downturn resulted in $8.6 billion in options becoming out of the money. The event highlights significant financial losses tied to cryptocurrency market volatility.
Related Signal
Adjacent reporting
- Bitcoin retreats below $80,000, liquidating $300 million in futures bets
- Bitcoin extends losses to the $76,000 level, hitting 2-week low
- Live markets: Bitcoin gives up all of May's gains, slipping below $77,000
- Bitcoin slips below $80,000: Why the 'Trump rally' is hitting a wall of profit-taking
- Bitcoin's widely tracked Coinbase Premium turns negative as realized losses spike to $6 billion
- Bullish crypto bets lose $1.6 billion as ETH, SOL, DOGE drop 9%