EPISODE · Jul 11, 2026 · 3 MIN
1.2 billion in ETH options expire today, dealers are short gamma
ETH options expiry worth 1.2 billion notional hits today with max pain at 2,400. ETF flows flipped negative. Stablecoin mints signal positioning. MEV revenue shows L2 war heating up.
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1.2 billion in ETH options expire today, dealers are short gamma
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