Tag: gamma-exposure
All the articles with the tag "gamma-exposure".
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Gamma Exposure (GEX): The Hidden Force Behind Bitcoin Price
Bitcoin's price isn't just driven by supply and demand. A \$507 million invisible hand -- dealer gamma exposure -- now dwarfs ETF flows by 13x and mechanically pins, repels, or accelerates price through options hedging dynamics. A deep dive into the math, the market structure, and the Q1 2026 gamma trap.