Based on TheCCPress, Bitcoin is set to face a record options expiry of $23.8 billion on December 26, primarily on Deribit. The event could amplify price volatility due to thin liquidity and significant strike concentrations at $85K and $100K. Traders are cautious as BTC prices remain below key resistance levels, and the large expiry may shift market norms and trading strategies.
Bitcoin Faces Record $23.8B Options Expiry on December 26
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Summary
On-chain data shows Bitcoin faces a record $23.8B options expiry on December 26, mostly on Deribit. On-chain analysis reveals strike concentrations at $85K and $100K, which may boost volatility. Thin liquidity and BTC below key resistance have traders on edge. The expiry could reshape market behavior and strategies.
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