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They're talking about futures contracts, which are created with explicit end dates for delivery (or "delivery") of the underlying asset. I believe first officia
by eqmvii 9y ago
They're talking about futures contracts, which are created with explicit end dates for delivery (or "delivery") of the underlying asset. I believe first officially listed and traded Bitcoin futures contracts were issues in December, and (some?) have expiration dates around now.
Prices around expiration dates can get quite volatile, as traders with large positions maneuver to maximize profit or minimize loss.