BlockBeats news, on December 23, the thin market liquidity during the Christmas holiday, soaring precious metal prices draining liquidity, and the upcoming record options delivery collectively caused Bitcoin to maintain below $90,000 today. Analysts warn that the record options expiration this Friday will amplify fluctuations. Approximately 300,000 BTC options contracts (with a notional value of about $23.7 billion) are set to expire on Friday, accounting for more than half of the total open contracts for Bitcoin on Deribit. Deribit Chief Business Officer Jean-David Pequignot stated that this options delivery is a “record-breaking” event, with the combined expiration scale of BTC and ETH options reaching $28.5 billion, double that of last year.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
