The global cryptocurrency market is focusing its attention on 4 PM on December 26th, as Bitcoin enters its largest options expiration period in history. According to market data, approximately 300,000 Bitcoin options contracts will expire today, with an estimated notional value of $23.7 billion. Including Ethereum options, the total value of contracts expiring today reaches approximately $28.5 billion, double that of the same period last year, reflecting the growing scale and maturity of the cryptocurrency Derivative market.
You may not know this, but the BingX exchange offers many privileges for new members and VIP members.
This record-breaking Bitcoin options expiration event is taking place against the backdrop of a volatile year for the market, with a strong return of institutional capital following the approval of spot Bitcoin ETFs and a more open policy environment in the US towards digital assets. Many analysts believe that the rapid rise of Derivative products such as options and Futures Contract has made large expiration dates a significant factor influencing short-term Bitcoin price volatility.
