@edta27

### OPEX Impact Update for Bitcoin and Spillover to Altcoins like PENGU Today's date is September 20, 2025, and the next major Bitcoin options expiration (OPEX) is on September 26, 2025, marking the end-of-month and quarterly expiry on Deribit, the dominant platform for crypto options. This OPEX involves over $4.3 billion in notional value for BTC and ETH combined, with Bitcoin accounting for approximately $3.28 billion and a record open interest (OI) nearing 500,000 BTC. Current BTC price hovers around $115,900–$116,000 USD, reflecting a stable but cautious market amid macroeconomic factors like Fed policy expectations. PENGU, the Solana-based token tied to the Pudgy Penguins NFT ecosystem, trades at approximately $0.034–$0.035 USD, showing recent volatility with a 5–7% daily decline, $105K, $110K, $115K, $120K)

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