Dec. 24 at 12:56 AM
$ABTC THE LARGEST BITCOIN OPTIONS EXPIRY WILL HAPPEN NEXT WEEK 🚨
And BTC tends to be volatile during that.
On December 26, nearly
$23.7 billion in Bitcoin options will expire, the largest one in 2025.
Over 268,000 contracts will roll off at once, which is big enough to move prices, regardless of sentiment or news.
Here’s what’s happening under the surface:
Most of the open interest is on the call side, not puts. The put/call ratio is low, meaning traders are still positioned bullish.
But options don’t just sit idle.
Large players hedge these positions in spot and futures.
Those hedges create real buying and selling pressure.
When too much size is stacked at specific strike prices, BTC often gets:
• Rejected near those levels
• Pushed into sharp wicks
• Trapped in chop and fakeouts
That’s why price feels weird into big expiries and the same is happening now.
One level matters more than the rest:
$96,000.
Source: X
https://search.app/8YCjC
