Today (December 26, 2025), the largest ever batch of Bitcoin and Ethereum "options" just expired – worth about $27 billion! (Mostly on a platform called Deribit.)
What's an option?
Think of it like a bet on the future price of Bitcoin or Ethereum.
. A "call" option = betting the price will go up.
.A "put" option = betting it will go down.
These aren't actual coins – they're contracts that give people the right (but not obligation) to buy or sell at a certain price by today.
Why is this a big deal?
.It's the biggest expiry ever (way bigger than previous years).
.When these bets expire, traders close or roll them over → this can cause sudden price swings (up or down) because of buying/selling pressure.
Bitcoin has been stuck in a boring range ($85k–$90k) all month partly because of these bets "pinning" the price. Now that pressure is gone → more volatility expected soon!
Quick facts from today:
. ~$23.6 billion in Bitcoin options expired.
.~$3.8 billion in Ethereum.
More people bet on prices going up (bullish vibe).
Bitcoin is currently around $87k–$89k – pretty calm so far, but watch out for moves in the next days.
Bottom line: This is like a huge "reset" button for the market. Things might get exciting (or wild) heading into 2026. Stay safe, don't over-leverage, and enjoy the ride!
#USGDPUpdate #Expire #USCryptoStakingTaxReview #SECReviewsCryptoETFS #bitcoin $BTC $ETH $ASTER