Odaily星球日报讯 Coinglass 数据显示，今日全网 BTC 期权未平仓头寸的名义价值为 394.7 亿美元；ETH 期权未平仓头寸的名义价值为 91.2 亿美元。

全网BTC期权未平仓头寸为394.7亿美元，ETH期权未平仓头寸为91.2亿美元

Odaily Odaily that Coinglass data showed that the nominal value of open positions in BTC options across the entire network today was US$39.47 billion; the nominal value of open positions in ETH options was US$9.12 billion.

The total open interest of BTC options is $39.47 billion, and the open interest of ETH options is $9.12 billion.

Here is the English translation:

On December 20, according to Greekslive data, 21,000 BTC options will expire today, the Put Call Ratio is 0.87, the maximum pain point is $10,100, and the notional value is $2.04 billion.
173,000 ETH options will expire today, the Put Call Ratio is 0.5, the maximum pain point is $3,750, and the notional value is $590 million.
Greekslive analyst adam said that this week, BTC failed to break through $110,000 and entered a correction, which is a clearance of relatively aggressive leveraged long positions after standing firm at $100,000, and the adjustment of Altcoins has been going on for nearly a month. Based on the experience of previous bull markets, a major correction in Bitcoin will be followed by an Altcoin season, but the intensity of Bitcoin's correction is still uncertain.
As the time approaches Christmas and the end of the year, ETF funds have started to flow out significantly, market makers have been continuously adjusting their positions, and the proportion of large bullish options trading has been relatively high recently, accounting for more than 30% of the daily trading volume. More than 40% of the options will expire at the end of the year, and the large amount of margin released will most likely drive the implied volatility to decline, and the cost-effectiveness of buying options will be very high in the coming week.

BTC options with a notional value of $2.04 billion will expire today, with the biggest pain point at $10,1000

Odaily reported that according to Coinglass data, the total liquidation across the network in the past 24 hours was $1.42 billion, of which $1.203 billion was long position liquidation and $218 million was short position liquidation. Additionally, in the past 24 hours, a total of 434,050 people were liquidated globally, and the largest single liquidation occurred on Binance-FTHUSDT, worth $15.7954 million.

In the past 24 hours, the number of people liquidated on the entire network exceeded 430,000, and the amount of liquidation reached 1.42 billion US dollars

Odaily reported that according to on-chain analyst AI Aunt's monitoring, a long position of ETH/BTC exchange rate worth $14.49 million was recently liquidated during the recent crash. The ETH/BTC exchange rate has fallen back to 0.0339, close to the historical low of 0.03187 seen in 2021.