{"id":38720,"date":"2025-07-25T05:32:01","date_gmt":"2025-07-25T05:32:01","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38720"},"modified":"2025-07-25T05:32:01","modified_gmt":"2025-07-25T05:32:01","slug":"will-markets-continue-to-fall-when-15b-crypto-options-expire-today","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38720","title":{"rendered":"Will Markets Continue to Fall When $15B Crypto Options Expire Today?"},"content":{"rendered":"<div>\n<p>Around 103,500 Bitcoin options contracts will expire on Friday, July 25, and they have a notional value of roughly $12.6 billion.<\/p>\n<p>This one is much larger than <a href=\"https:\/\/cryptopotato.com\/crypto-market-cap-tops-4t-will-5b-in-btc-options-ignite-another-up\/\" data-wpel-link=\"internal\">last week\u2019s<\/a> expiry, being an end-of-month event, but unlikely to be enough to influence spot markets, which have been on the back foot for most of the week.<\/p>\n<blockquote>\n<p>\u201cLast month\u2019s H1 expiry hit $17 billion. This week is not far behind, with over $15 billion in BTC and ETH options expiring,\u201d observed Deribit.<\/p>\n<\/blockquote>\n<h2>Bitcoin Options Expiry<\/h2>\n<p>This week\u2019s big batch of Bitcoin options contracts has a put\/call ratio of 0.88, meaning that there are more calls expiring than put contracts. There is also a max pain point of $112,000, around $4,000 below current spot prices, which is where most losses will be made on contract expiry.<\/p>\n<p>Open interest (OI), or the value or number of BTC options contracts yet to expire, is highest at $140,000, which has surged to over $3 billion at this strike price. There is also more than $2 billion OI at $120,000 and $130,000 strike prices as the bull speculators load up on contracts.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Options Expiry Alert<\/p>\n<p>Tomorrow, over $15.4B in BTC and ETH options are set to expire on Deribit.<a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$BTC<\/a>: $12.66B notional | Put\/Call: 0.88 | Max Pain: $112K<a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ETH<\/a>: $2.75B notional | Put\/Call: 0.87 | Max Pain: $2,800<\/p>\n<p>Last month\u2019s H1 expiry hit $17B. This week\u2019s is not far\u2026 <a href=\"https:\/\/t.co\/5nFSk7qDPg\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/5nFSk7qDPg<\/a><\/p>\n<p>\u2014 Deribit (@DeribitOfficial) <a href=\"https:\/\/twitter.com\/DeribitOfficial\/status\/1948404416505114887?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">July 24, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Crypto derivatives provider Greeks Live remains bearish, as <a href=\"https:\/\/x.com\/GreeksLive\/status\/1948395253762830430\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">confirmed<\/a> in its weekly update.<\/p>\n<blockquote>\n<p>\u201cThe group shows a predominantly bearish sentiment with traders holding put positions despite significant losses.\u201d<\/p>\n<\/blockquote>\n<p>Most traders are focused on \u201cpotential downward moves, with key discussion around volatility levels around 30%,\u201d it stated before adding, \u201cDespite 90% losses on put positions, traders are doubling down with suggestions to \u2018sell more\u2019 rather than cutting losses.\u201d<\/p>\n<p>In addition to today\u2019s batch of Bitcoin options, there are around 733,000 <a href=\"https:\/\/cryptopotato.com\/ethereum-spot-volumes-eclipse-bitcoins-as-altseason-heats-up\/\" data-wpel-link=\"internal\">Ethereum<\/a> contracts that are also expiring, with a notional value of $2.75 billion, a max pain point of $2,800, and a put\/call ratio of 0.87. This brings Friday\u2019s combined crypto options expiry notional value to around $15.4 billion.<\/p>\n<h2>Crypto Markets Tank<\/h2>\n<p>Crypto markets have started to tank as the week comes to an end, with total capitalization dumping $100 billion in 12 hours in a fall to $3.87 trillion.<\/p>\n<p>Bitcoin led the losses, dumping 3% over the past few hours to drop below $116,000 during the Friday morning Asian trading session.\u00a0The asset had fallen to a two-week low of $115,750 at the time of writing and didn\u2019t look like it was going to stop there.<\/p>\n<p>Ethereum had dipped below $3,600 again, but it appeared to be holding up a little better than its big brother.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/altseason-indicators-start-flashing-amid-rotation-of-capital-analysts\/\" data-wpel-link=\"internal\">Altseason hopes<\/a> have been quashed again with altcoins bleeding out and larger losses for Solana, Dogecoin, and Hyperliquid.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/will-markets-continue-to-fall-when-15b-crypto-options-expire-today\/\" rel=\"nofollow\">Will Markets Continue to Fall When $15B Crypto Options Expire Today?<\/a> appeared first on <a href=\"https:\/\/wordpress-433650-5559317.cloudwaysapps.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Around 103,500 Bitcoin options contracts will expire on Friday, July 25, and they have a notional value of roughly $12.6 billion. This one is much larger than last week\u2019s expiry, being an end-of-month event, but unlikely to be enough to influence spot markets, which have been on the back foot for most of the week. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38720","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38720"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38720\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}