2.2 billion USD worth of options are about to expire, and BTC and ETH face short-term volatility shocks

HashBard · 2026-01-02T08:01:09+00:00

The first major derivatives settlement day of 2026 is approaching, with the notional value of Bitcoin and Ethereum options exceeding $2.2 billion. Bitcoin options amount to $1.87 billion, with a trading price close to $88,691, and Ethereum options are $395.7 million, priced at $3,023. The market is bullish, but the concentrated expirations may trigger short-term volatility risks, requiring attention to key moments.

HashBard

2026-01-02 08:01:09

Abstract generation in progress

【Crypto World】The first major derivatives settlement day in 2026 is just around the corner, with over $2.2 billion in Bitcoin and Ethereum options set to expire.

Data shows that Bitcoin options lead with a notional value of $1.87 billion, with the current trading price approaching $88,691, having already broken through the $88,000 stop-loss level. Ethereum has a notional value of $395.7 million, with the trading price around $3,023, also crossing the $2,950 stop-loss line.

From the position perspective, both assets are showing bullish signs, and the frequent large institutional trades further boost market optimism. However, this also presents a problem—concentrated expiries are likely to trigger dense hedge position liquidations, and short-term volatility risks should not be underestimated. Market performance at this critical time point warrants close attention.

BTC1,7%

ETH4,26%

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ChainMaskedRider

· 12h ago

2.2 billion USD poured in, this wave is definitely going to make a move It's that time again for the options liquidation drama, institutions are bullish, and I'm trembling... Breaking 88k, it's all about whether we can hold this wave Feels like the platform is accumulating, traders who are confident should be worried

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FalseProfitProphet

· 12h ago

$2.2 billion long liquidation is coming, is this wave going to explode... --- It's another institution blowing bubbles. Let's see who cries on the day of expiration. --- 88K has broken through, still bullish? I smell blood. --- ETH breaking 2950 is no surprise; the key is whether BTC can hold up. --- This is the easiest time to cut leeks; everyone be careful. --- Showing a bullish stance is the biggest bearish signal, understand? --- $2.2 billion concentrated liquidation... I bet 5 bucks there will be a bloodbath. --- A hedge position is being liquidated intensively, retail investors can just lie flat. --- Even the stop-loss line has been crossed, and you're still optimistic? That's money deceiving you. --- Key time nodes are the key points for cutting meat, same old story.

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SandwichTrader

· 12h ago

2.2 billion worth of options are expiring, this time it depends on how institutions play it out, really exciting. Are institutions so bullish? It feels like they are about to dump. It's another expiration night of panic, I bet five dollars it will plunge. BTC is already at 88k, still dare to chase? I'm crazy. Stop-loss lines have been crossed, is this called stability? Laughing to death. ETH breaks 2950, next step directly to 3100 or 2800? Are you afraid when the position is closed at expiration? Anyway, I'm scared. 22 billion options are expiring, is this giving me an opportunity or teaching me a lesson? Showing such a bullish stance, be careful of a counterattack. Volatility is coming, everyone, fasten your seatbelts.

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