Roughly $23.8B worth of Bitcoin options are set to expire.
That’s one of the largest expiries we’ve seen, and it matters because price action over the past few weeks has been heavily influenced by options positioning, not organic spot demand.
As these contracts roll off, the hedging pressure that’s been keeping price compressed starts to disappear.
After that, price action reflects real positioning again, not derivatives mechanics.
That’s when direction usually becomes clearer.
That’s one of the largest expiries we’ve seen, and it matters because price action over the past few weeks has been heavily influenced by options positioning, not organic spot demand.
As these contracts roll off, the hedging pressure that’s been keeping price compressed starts to disappear.
After that, price action reflects real positioning again, not derivatives mechanics.
That’s when direction usually becomes clearer.
BTC1,5%














