2025-12-26 00:20:18

The crypto market experienced a slight decline during the Christmas period. As of December 26, according to market data, Bitcoin is priced at $87,115, with a 24-hour decrease of 0.48%. Ethereum performed relatively weakly, currently at $2,897, down 1.68% in a single day. Meanwhile, Solana has fallen below the $120 mark. The total market capitalization of cryptocurrencies has dropped to $3.021 trillion, a decline of approximately 0.6%.

Notably, today will see the largest expiration date in Bitcoin options history. About 300,000 BTC option contracts are set to expire, with a notional value of up to $23.7 billion. When combined with the expiration scale of Ethereum options, the total value of BTC and ETH options expiring reaches $28.5 billion—double the amount from the same period last year. Market consensus generally believes that this large-scale options expiration could break recent market calm and trigger significant volatility.

In the altcoin sector, some tokens have performed remarkably. BIFI saw the biggest increase, currently at $238.4, with a 78% rise in 24 hours. ZBT followed closely, up 55.2%, now priced at $0.1557. 0G also performed well, rising 29.3% to $1.034. ACT and LAYER increased by 16.33% and 13.4%, respectively.

On the downside, METIS led the decline, now at $5.79, with a 12.8% drop in 24 hours. BANANA also showed a downward trend, currently at $7.1. Overall, the market shows divergence, with mainstream coins under pressure while some smaller tokens attract capital attention.

BTC1.53%

ETH1.29%

SOL1.03%

ZBT22.97%

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SchrodingersPaper

· 5h ago

$28.5 billion options expiration... This wave will either surge or plummet, I choose to do nothing --- BIFI surged 78% in one day? Am I seeing things or is it a bug in the market software? --- Mainstream coins are crying, altcoins are celebrating, this is the true picture of the crypto world --- Wait, has SOL dropped below 120? Last time I checked, it was still at 150, in the blink of an eye... --- Market divergence is over, I, a paper-handed trader, hate this kind of market, never able to catch the rhythm

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QuietlyStaking

· 5h ago

$28.5 billion options explosion, depends on how today unfolds

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GasFeePhobia

· 5h ago

28.5 billion options are about to expire. Things are about to get interesting. BIFI directly soars 78%. Is this some dark knight? Mainstream coins are taking a hit, while small coins are celebrating. Typical leek-cutting rhythm. Solana falling below 120 is really hard to hold on to. Is the wave of options liquidations coming? My leverage is crying. Wait and see how this volatility unfolds; it might be a bottom-fishing opportunity.

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CryptoSurvivor

· 6h ago

$28.5 billion options expiration, waiting here for an explosion --- BIFI surged 78% in one day? How many people had to buy in? --- Mainstream coins are being hammered again, small altcoins are wildly speculated, the game of making quick money is still ongoing --- Is SOL calmly staying below 120? Last year, this would have made headlines --- Even during Christmas market closure, prices are still falling. Strange things happen every year, this year especially so --- Options explosion day is here, everyone buckle up for safety --- METIS dropped 12.8%, this is the true picture of altcoins --- Funds are swinging between mainstream coins and small coins, retail investors are still chasing both ends --- $28.5 billion is about to expire, will it drop to nothing afterward? --- Mainstream coins are dull, small coins are rising wildly, this cycle just continues in this industry

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