2025-12-27 01:24:38

This afternoon at 4:00 PM, Bitcoin will experience the largest options expiration event in history. According to the latest data, the notional value of this expiration reaches between $23.7 billion and $24 billion, involving approximately 300,000 Bitcoin option contracts. The price sampling rule at the time of expiration is noteworthy — it uses the volume-weighted average price during the half-hour from 3:30 PM to 4:00 PM. From the perspective of open interest distribution, the two most concentrated price ranges are the $85,000 put options and the $100,000 call options. This scale is significant, and short-term volatility is inevitable. Currently, Bitcoin is trading around $87,400. With such a large expiration, market makers typically won't miss this opportunity. Logically, they are likely to push the price higher, while also harvesting stop-loss orders from both shorts and longs — using a rally to take both sides.

BTC0,09%

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ApeWithNoChain

· 12-27 06:57

237 to 24 billion? These manipulators are about to start their harvesting show again. Just wait and watch the performance at 4 o'clock.

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BlockchainFoodie

· 12-27 01:54

yo, 237 billion settling in 30 mins? that's like... watching a sous vide cook go catastrophically wrong all at once. the market's literally one big smart contract recipe waiting to burn.

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MetadataExplorer

· 12-27 01:53

24 billion in delivery positions, this move is going to wipe out a lot of people.

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CrossChainMessenger

· 12-27 01:52

Oh my, a 24 billion settlement, how many people's stop-losses will be triggered? --- From 3:30 to 4:00, in this half-hour, be careful not to be washed out by the market makers. --- 85K and 100K are in the middle, is this going to break through the sky? --- 237 billion... so this is truly a life-and-death settlement, prepare mentally. --- Just waiting to see how the market makers will harvest, anyway, it's all about being eaten. --- For this level of settlement, the price sampling is so meticulous, the intention is too obvious. --- 300,000 contracts, a rally can trap both sides, I've seen this script before. --- Suddenly a bit scared, should I reduce my position... --- Feels like there will be a sharp rise before 4:00, then it will be a real battlefield. --- What are we doing around 87,400, pushing to 100K or smashing to 85K, oh I can't decide.

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LuckyBearDrawer

· 12-27 01:47

237 to 240 billion, this time it's really time to watch the show. The big players definitely won't let this go easily.

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ImpermanentSage

· 12-27 01:30

A 24 billion-dollar market, both sides' stop-losses will be hit... The big players are probably going to make a huge profit again this time.

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ShibaSunglasses

· 12-27 01:27

The market cap of 23.7 to 24 billion... This time, it's really about watching that 30-minute window from 3:30 to 4:00. The 100,000 level must be defended.

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