Biggest-Ever Bitcoin Options Expiry to Take Place Tomorrow
Analysis
Price Impact
HighThe largest-ever bitcoin options expiry ($23.7b btc, $28b total including eth) will occur tomorrow. market makers typically suppress price volatility pre-expiry to maximize profits, but the lifting of this 'suppressive weight' post-expiry often leads to significant volatility and potential explosive moves.
Trustworthiness
MedAnalysis is based on common market maker behavior around options expiry and historical market trends (january inflows). while the mechanics are sound, market outcomes can always be influenced by unforeseen events.
Price Direction
BullishTomorrow is expected to be neutral/choppy due to market maker hedging. however, post-expiry, the suppressive force will be removed, potentially leading to an 'explosive move upward.' historically, january also sees bullish inflows, supporting this outlook despite a small chance of a brief liquidity hunt drop.
Time Effect
LongThe immediate effect (tomorrow) is short-term neutrality/choppiness. the predicted 'explosive move upward' is expected once the expiry event is over and into january, indicating a longer-term effect.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News Massive expiry event "Uncolining spring" Advertisement On Dec. 26, the largest expiration of Bitcoin options in history by "notional value" will take place. Tomorrow will likely be boring and choppy because big institutions are forcing the price to stay still to maximize their profits on expiring contracts. However, once that event is over and January begins, an explosive move upward could take place if there is no major bad news affecting the top crypto. HOT Stories Biggest-Ever Bitcoin Options Expiry to Take Place Tomorrow Ripple Exec Issues Bullish 2026 Prediction, Shiba Inu (SHIB) Price Defies Negative Trend, XRP Beats Bitcoin in Quantum Resistance — Crypto News Digest Morning Crypto Report: Bitcoin Briefly Hits Abnormal $24,111 on Binance, -26% for XRP: New Death Cross Price Prediction, Cardano (ADA) Has Bullish Chance for January Ripple Could Have Sold as Much XRP as It Wanted, CTO Says Massive expiry event Roughly $23.7 billion in BTC options are expiring. When you add Ethereum (ETH) and others, the total is around $28 billion. Advertisement Options are contracts that give traders the right to buy (calls) or sell (puts) Bitcoin at a specific price by a certain date. When these contracts expire, they must be settled. A $28 billion expiration means massive amounts of capital are tied up in these bets. Markets have to "hedge" their positions to avoid losing money. You Might Also Like Thu, 12/25/2025 - 10:23 Bitcoin at $25,000: Crazy Flash Crash No One Observed By Godfrey Benjamin Advertisement Market makers (MMs) generally write (sell) the options that retail traders buy. MMs profit most when the options expire worthless. The price point where the most options expire worthless is called the "max pain" price. MMs buy BTC when the price drops and sell BTC when the price rises to keep the market neutral. This makes it possible to manage risks. This constant buying-low and selling-high by MMs creates a "suppressive" force. It keeps the price strictly range-bound. "Uncolining spring" Once the expiration moment passes (usually 8:00 AM UTC on Fridays), the MMs no longer need to hedge these positions. The "suppressive weight" is lifted. This usually leads to a return of volatility. Before a possible move up, the market could drop briefly to "hunt liquidity." Algorithms push the price down to trigger "stop-loss" orders from nervous traders. Historically, January sees an inflow of money, which is bullish for BTC. A drop is considered unlikely since expirations are neutral-to-bullish (as a rule). That said, "thin" markets are easier to manipulate. A relatively small order can move the price significantly because there are fewer buyers/sellers to absorb it. #Bitcoin Price Prediction