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🐋 WHALE WATCH: The Magnet Angle
MASSIVE $11.85 BILLION options expiry incoming this Friday.
The data is wild =>
$BTC Max Pain: $72000 15% ABOVE spot
$ETH Max Pain: $2000 20% ABOVE spot
For once the expiry magnet is pulling UP.
Market makers need higher prices to wipe out the most contracts. Expect serious volatility heading into the weekend.