Bitcoin enters the weekend near $62,900, less than 1% above the July 31 intraday low, and Deribit has already settled roughly $9. 6 billion in monthly Bitcoin options. The venue settles monthly contracts at 08:00 UTC on the last Friday of each month, and live expiry data placed July’s Bitcoin no...
Source: [CryptoSlate](https://cryptoslate.com/if-bitcoin-breaks-62k-over-the-weekend-a-1-17-billion-put-option-overhang-stands-ready-to-pull-price-down-to-60k/)