Best Crypto Presale to Buy This Weekend: Bitcoin Faces $4.8B Options Expiry as Tapzi Tokens Sell Fast
The post Best Crypto Presale to Buy This Weekend: Bitcoin Faces $4.8B Options Expiry as Tapzi Tokens Sell Fast appeared on BitcoinEthereumNews.com.
The crypto market is finishing the week on an uncertain note. The expiration of billions in Bitcoin and Ethereum options has made the traders nervous. In the meantime, while the leading cryptocurrencies are having difficulties keeping their prices stable, an unnoticed project has been gradually getting closer to the top. Tapzi (TAPZI) is a web3 gaming token that encourages skill and fair play over luck. Tapzi’s presale has already sold more than half of its allocation, and demand hasn’t slowed. The token is priced at just 0.0035 dollars for now, with the launch price expected at 0.01. As Bitcoin swings between supports, Tapzi’s steady progress has made it one of the best crypto presales to watch this weekend. Macro Market and Bitcoin Options Expiry Roughly 44,000 Bitcoin options contracts worth about 4.8 billion dollars are due to expire on Friday, October 17. The put-to-call ratio sits near 0.83, showing slightly more bullish positions than bearish ones. Analysts point to a “max pain” zone at 116,000 dollars — the level where most traders lose value. Open interest on Deribit is highest around 140,000 dollars, about 2.2 billion in value. Short sellers have gathered near 110,000 and 108,000 dollars, each carrying over a billion in open interest. Across all exchanges, total Bitcoin options open interest is close to 61 billion dollars. That’s near record highs. Ethereum has a large expiry of its own. Around 251,000 contracts worth roughly 985 million dollars will close this week. Combined, Bitcoin and Ethereum expiries represent about 5.7 billion dollars in notional value. Most analysts agree that the impact on spot markets will be limited. Prices have already cooled this month, and total crypto market capitalization is down 14 percent since early October. Bitcoin trades near 108,000 dollars, still holding support but far below the highs seen…
Filed under: News - @ October 19, 2025 7:28 pm