Today at 4:00 PM will mark the largest options expiration in Bitcoin's history, with a notional value of around $23.7 billion.

BlockBeats News, December 26th, today at 16:00, Bitcoin will face the largest options expiry date in history, with approximately 300,000 BTC options contracts (with a notional value of around $23.7 billion) expiring. The total expiry of BTC and ETH options today is $28.5 billion, double the amount from the same period last year.

Previously, many analysts predicted that after this options expiry, market volatility would significantly increase.

Furthermore, looking back at the historical "epic" options expiry market trends from previous years, the market often experiences accelerated one-sided price movements post-expiry.