2025-12-27 06:24:18

1

GateNewsBot

2025-12-26 07:36:27

$27 billion worth of crypto options expire today: Bitcoin and Ethereum under pressure, will the market experience intense volatility?

As market expectations for the "Christmas rally" heat up, the total cryptocurrency market capitalization has slightly rebounded to approximately $3 trillion. However, over $27 billion worth of Bitcoin, Ethereum, XRP, and Solana options are expiring today, quickly fueling market concerns about short-term volatility and even a potential pullback.

Data shows that this is one of the largest options expiration dates in history. Among them, Bitcoin options are the largest in scale. Deribit data indicates that about 262,000 BTC options, with a notional value of up to $23.38 billion, will expire today, with a total put/call options ratio of 0.33. However, in the past 24 hours, put options trading volume has significantly exceeded call options, with the short-term put/call ratio rising to 1.72, reflecting traders' cautiousness in a low-liquidity environment.

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