Crypto options markets are anticipating significant price movements for XRP, SOL, ETH, and BTC before the August 30 monthly expiry date. Bitcoin’s 30-day implied volatility stands at roughly 36%, with BTC trading around $78,000, ETH near $2,480, SOL in the $96-$97 range, and XRP around $1.47. XRP options open interest has been approaching $100 million with implied volatility frequently running higher than BTC, ETH, and SOL, making it the most notable case in this group. These high position concentrations ahead of expiry have historically preceded sharp post-expiry price adjustments as market makers must rebalance their delta hedges as expiration approaches.
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