Bitcoin Options Worth $23.6B Set to Expire on Friday, December 26, Raising Volatility Risks

On Friday, December 26, Bitcoin faces its largest options expiry, with more than $23 billion set to roll off. According to NoLimit and MartyParty, unwinding dealer hedges and high gamma between $86,000 and $110,000 could fuel sharp moves, while CryptoQuant highlights lingering $100,000 calls even as $85,000 put interest eases.