Bitcoin Slips as Record $28B Boxing Day Options Expiry Becomes Key Volatility Driver
Bitcoin is declining as a record $28 billion Boxing Day options expiry becomes a key volatility driver, with analysts highlighting the massive December 26th contract settlement as critical factor influencing near-term price action. This extraordinary options expiry volume—representing approximately 280,000 BTC at current prices around $100,000—creates mechanical market dynamics where positioning, max pain levels, and dealer hedging flows can override fundamental factors, potentially explaining recent price weakness and raising questions about whether post-expiry relief or continued volatility awaits cryptocurrency markets.
2025/12/24
