Options expiry of $2.6B hits crypto May 15

Options expiry contracts worth $2.6 billion across Bitcoin, Ethereum, XRP, and Solana settled on Deribit on May 15, triggering widespread market liquidations. Summary Around 25,000 Bitcoin options with a notional value of over $2 billion expired on Deribit on May 15, with a max pain price at $80,000. BTC’s put-call ratio of 0.57 signals bullish…

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ZachXBT Says 95% of LAB Token Is Insider-Controlled as Investigation Exposes Multi-Front Retail Rug – Bitcoin News

Key Takeaways ZachXBT alleges LAB insiders control over 95% of supply and coordinated a 350% pump to a $6B FDV using Bitget infrastructure. The investigation exposes four simultaneous retail extraction methods: OTC loans at 7.5%/month, vesting changes, unpaid marketing rewards, and an opaque market-making deal. ZachXBT posted a $10,000 bounty on LAB founder Vova Sadkov…

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