Bitcoin News Today: Bitcoin’s $13.3B Options Expiration Depends on 15% Surge to Protect Major Positions
- Bitcoin (BTC-USD) fell 30% from its $126,000 peak to $87,080 amid ETF outflows, stablecoin liquidity declines, and leverage unwinds. - A $13.3B options expiry on Dec 26, 2025, features a $1.74B call condor bet targeting $100,000–$118,000, with profits capped at $112,000. - November saw $3.5B in Bitcoin ETF outflows, while stablecoin market cap dropped $4.6B, signaling heightened liquidity risks. - Market stability signs include a 32 RSI near oversold levels and reduced downside protection costs, though s
Bitcoin Faces $13.3B Options Expiry Amid Market Pressure
Bitcoin (BTC-USD) has dropped more than 30% from its October high above $126,000, now trading close to $87,080 as a mix of ETF outflows, shrinking stablecoin liquidity, and rapid deleveraging continue to pressure the market
The selloff has accelerated ahead of a $13.3 billion options expiration set for December 26, 2025, with one institutional player making a $1.74 billion call condor wager
ETF outflows have worsened liquidity issues, with stablecoin market cap dropping by $4.6 billion since November 1 and net crypto-to-fiat outflows reaching $800 million last week
Despite the ongoing volatility, there are signs the market may be stabilizing. Bitcoin’s 14-day relative strength index (RSI) has dropped to 32, approaching oversold levels, while the cost of downside protection via options has fallen to 4.5% from a 2025 peak of 11%
The market’s direction will also depend on broader economic factors. With the Federal Reserve’s December rate decision approaching, traders now see an 80% probability of a rate cut after earlier uncertainty
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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