At 16:00 today, the largest options expiry in Bitcoin's history will take place, with a notional value of approximately $23.7 billion.

BlockBeats News, December 26, at 16:00 today (UTC+8), bitcoin will experience the largest options expiration in history, with approximately 300,000 BTC options contracts (notional value about $23.7 billion) expiring. The total notional value of BTC and ETH options expiring today reaches $28.5 billion, double that of the same period last year.

Previously, several analysts predicted that after this options expiration, market volatility would significantly increase.

In addition, looking back at previous years' records of "epic" options settlement market trends, the market often saw accelerated one-sided moves after settlement.