#BTC上攻11万

The market is in a critical period of year-end closing. On the one hand, the largest Bitcoin options contract in history is about to expire, which may cause violent fluctuations; on the other hand, the macroeconomic environment, especially the policy direction of the U.S. Federal Reserve, has brought additional pressure to the market.

$14 billion worth of options expire

This Friday, $14 billion worth of Bitcoin options open interest (OI) will expire. According to information released by Deribit Exchange CEO Luuk Strijers, the ratio of put options (puts) to call options (calls) in this expiring contract is 0.69, that is, there are 7 put options for every 10 call options. This shows that there is some concern about the market falling. At the same time, the number of contracts expiring this time (146,000) is not small, twice the number of contracts expiring in March 2025 (73,000).