📢 Beware of sudden market turbulence! The largest Bitcoin options contract in history will expire 📉

On Friday, nearly $20 billion in notional value of Bitcoin and Ethereum options will expire, marking the largest expiration in history.

This expiration represents 44% of the total open contracts for Bitcoin options, which amounts to $32 billion.

This suggests that the market may experience significant volatility, especially if the price of Bitcoin continues to hover below $100,000.

The ratio of put options to call options is 0.69, meaning for every 10 call options, there are 7 put options, indicating a certain level of bearish sentiment in the market.

Altcoins may chase Bitcoin during this volatility, especially when Bitcoin's price fluctuates within this range.

Traders should remain vigilant and closely monitor market trends.

Investors should assess risks and consider whether to adjust their portfolios.

The volatility from this expiration could have a significant impact on market trends in 2025.

All eyes will be on the upcoming options contract expiration date, as it may set the tone for the market trends in 2025.