2025-12-26 08:24:11

The BTC options settlement at 4 PM directly broke the record — with $23.7 billion in options expiring, plus $4.8 billion in ETH, the total market size is a full $28.5 billion, doubling compared to the same period last year! 300,000 BTC options in this wave, and the market's gambler sentiment is clearly visible.

The data is eye-catching. The put-to-call ratio is only 0.38, meaning nearly 80% of people are betting on a rise. And all the bullish pressure is concentrated in the $100,000 to $120,000 price range — BTC hasn't even touched $100,000 yet. What are these high-level options? Just a ticking time bomb.

If the price doesn't rise above $100,000 before settlement, these call options instantly become worthless, and the buy orders that hoped to take on these options will evaporate directly. Even more brutal, institutional hedging positions will be concentrated in closing, and the already thin liquidity can't withstand it.

The Christmas holiday is currently the most illiquid time in the market, at least 50% thinner than usual. A big order hitting the market can cause a flash crash or a quick pullback — high leverage traders might get liquidated before they even react. In this kind of market, betting on direction is basically a headshot.

BTC1,54%

ETH1,81%

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GhostWalletSleuth

· 1h ago

Damn, this wave of options bombs really needs to explode. 80% of the bets on rising prices haven't even broken 100,000 yet? Pure timed bombs. --- The liquidity during Christmas is so scarce that a big institution's sudden move causes a flash crash. Traders with high leverage probably haven't even reacted before being liquidated. --- The 28.5 billion options market is truly incredible, like a casino, just waiting to see who will lose money. --- The logic is actually very clear. All the bullish bets are concentrated between 100,000 and 120,000. We're still a bit short, and a wave of liquidations is definitely coming. --- With liquidity during the holiday so tight, who dares to bet on the direction? Isn't this just a setup to take people's money? --- Just looking at the Put/Call ratio, it's clear retail investors are about to get slaughtered again. Institutions have been waiting for this wave. --- 237 billion plus 48 billion, just thinking about it feels exciting, but what's even more exciting is that both can lose.

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NotFinancialAdvice

· 5h ago

28.5 billion options positions, with 80% betting on a rise... Isn't this just handing a knife to the bears? Definitely a contrarian indicator.

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ImpermanentLossFan

· 5h ago

285 billion options positions, 80% of people are betting on a rise... This is outrageous, definitely a big short trap or a feast for the big fish, or it's institutions fishing.

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ChainBrain

· 5h ago

80% of investors are pushing prices up; leverage traders, it's time to wake up. If liquidity keeps being artificially inflated like this, a crash is inevitable.

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tokenomics_truther

· 5h ago

28.5 billion options positions... 80% of the bullish bets are stacked above 100,000, isn't this a classic false breakout trap? Institutions are waiting to harvest.

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SigmaValidator

· 5h ago

28.5 billion options positions, with 80% betting on the rise... Isn't this just handing the shorts a gun?

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DaisyUnicorn

· 5h ago

28.5 billion options are stacked here, with 80% betting on a rise but all stuck above 100,000... This is a ticking time bomb. Liquidity during the Christmas holiday is already dry, and a large order hitting the market could cause someone to have a restless night.

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AirdropHunter007

· 5h ago

A market cap of 28.5 billion, with 80% betting on a rise— isn't this just a perfect short trap? Can the 100,000 threshold really be broken? I have my doubts.

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