
{"id":122968,"date":"2025-12-25T09:43:34","date_gmt":"2025-12-25T09:43:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=122968"},"modified":"2025-12-25T09:43:34","modified_gmt":"2025-12-25T09:43:34","slug":"6b-options-expiry-weighs-on-ethereum-price","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=122968","title":{"rendered":"$6B Options Expiry Weighs on Ethereum Price"},"content":{"rendered":"<p>Bitcoin had a baby! Ethereum was born! And the Ethereum price is finally rebounding, up 3.9% over the last week.<\/p>\n<p>Moreover,\u00a0 <\/p>\n<p>\t<span class=\"cwp-coin-widget-container\"><\/span><\/p>\n<p>\t\t<!-- name of the coin in the text --><br \/>\n\t\t<span class=\"cwp-coin-widget-wrapper\"><br \/>\n\t\t\t<span class=\"cwp-coin-widget-holder \"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon \"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-label \">Ethereum<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-symbol hidden\">ETH<\/span><\/p>\n<p>\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price hidden\">$2,921.57<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend  negative\">0.22%<\/span><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t\t<br \/>\n\t\t\t<br \/>\n\t\t<\/p>\n<p>\t\t<!-- popup with basic info about the coin --><br \/>\n\t\t<span class=\"cwp-coin-popup-wrapper \"><br \/>\n\t\t\t<span class=\"cwp-coin-popup-holder\"><br \/>\n\t\t\t\t<span class=\"cwp-coin-name\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-icon\"><\/span><\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-name\">Ethereum<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-popup-symbol\">ETH<\/span><br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-price\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-price-value\">$2,921.57<\/span><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t\t<span class=\"cwp-coin-trend negative\">0.22% \/24h<\/span><br \/>\n\t\t\t\t\t\t<\/span><br \/>\n\t\t\t\t\t<\/span><br \/>\n\t\t\t\t<\/span><br \/>\n\t\t\t\t<span class=\"cwp-coin-volume\"><br \/>\n\t\t\t\t\t<span class=\"cwp-coin-price-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-volume-title\">Volume in 24h<\/span><\/span><\/span><\/p>\n<p>\t\t\t\t\t<br \/>\n\t\t\t\t\t<span class=\"cwp-coin-volume-value\">$10.74B<\/span><br \/>\n\t\t\t\t\t&lt;!&#8211; <span class=\"cwp-coin-trend-holder\"><br \/>\n\t\t\t\t\t\t<span class=\"cwp-coin-trend\">?<\/span><br \/>\n\t\t\t\t\t<\/span>                     &#8211;&gt;<br \/>\n\t\t\t\t<br \/>\n\t\t\t\t<span class=\"cwp-coin-chart\"><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-title\">Price 7d<\/span><br \/>\n\t\t\t\t\t<span class=\"cwp-graph-container negative\"><\/span><\/span><\/p>\n<p>\t\t\t\t\t\t\t\t\t\t\t<br \/>\n\t\t\t\t<\/p>\n<p>\t\t\t\t\t\t\t\t\t<span class=\"cwp-coin-link\"><br \/>\n\t\t\t\t\t\t<a href=\"https:\/\/99bitcoins.com\/goto\/bestwallet\" target=\"_self\" class=\"cwp-coin-custom-link\" rel=\"noopener\"><br \/>\n\t\t\t\t\t\t\tLearn more\t\t\t\t\t\t<\/a><br \/>\n\t\t\t\t\t<\/span><\/p>\n<p>\t\t\t<\/p>\n<p>\t\t<br \/>\n\t<\/p>\n<p>\t\u00a0year-end fate is about to be decided by <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\">derivatives<\/a>, not headlines. Roughly $6 Bn in ETH options expire Friday, and despite call options outnumbering puts by more than 2.2 times, the structure still <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/crypto-presales\/\" target=\"_blank\" rel=\"noopener\">favors bears<\/a> unless price can reclaim key levels fast. Here\u2019s what to know:<\/p>\n<h2>Ether\u2019s $6B Options Expiry Puts Bulls on a Short Leash<\/h2>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>ETH has failed to hold above $3,400 for more than 40 days, a stretch that has steadily drained bullish conviction. Most calls were placed between $3,500 and $5,000, reflecting expectations that<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-cryptocurrency\/\" target=\"_blank\" rel=\"noopener\"> Ether would close 2025 near $4,000 <\/a>before the 28% November drawdown shattered that thesis.<\/p>\n<p>As a result, more than $4.1 Bn in call options are now at risk of expiring worthless.<\/p>\n<p><strong>DISCOVER: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n<p>History doesn&#8217;t repeat, but it often rhymes. <a href=\"https:\/\/twitter.com\/search?q=%24Ethereum&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$Ethereum<\/a> is printing an identical fractal<\/p>\n<p>we are currently in the &#8216;Final Loading Zone&#8217; before the $5K+ expansion. <a href=\"https:\/\/t.co\/Mw8yn75cGJ\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/Mw8yn75cGJ<\/a><\/p>\n<p>\u2014 \ud835\udc0a\ud835\udc1a\ud835\udc26\ud835\udc2b\ud835\udc1a\ud835\udc27 \ud835\udc00\ud835\udc2c\ud835\udc20\ud835\udc21\ud835\udc1a\ud835\udc2b (@Karman_1s) <a href=\"https:\/\/twitter.com\/Karman_1s\/status\/2003828006901723260?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 24, 2025<\/a><\/p>\n\n<p>Put positioning is more grounded. Bears clustered protection between $2,200 and $2,900 levels. If ETH settles between $2,700 and $2,900, puts win by roughly $580 Mn.<\/p>\n<p>Even a $2,901 to $3,000 close still favors bears by $440 Mn. Bulls only reach parity <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"noopener\">above $3,100<\/a>, with a modest $150 Mn advantage emerging above $3,200.<\/p>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/www.theblock.co\/data\/crypto-markets\/options\/volume-of-ethereum-options\" target=\"_blank\" rel=\"noopener\">TheBlock<\/a>)<\/p>\n<p>Derivatives flows explain the chop for the Ethereum price. ETH has hovered around $3,000 while dealers hedge exposure, keeping spot pinned inside a narrow band. If price holds above $2,950, more than 60% of $1.9 Bn in puts expire worthless, easing downside pressure but not flipping the trend outright.<\/p>\n<p><strong><span>DISCOVER:\u00a0<\/span><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-1000x-crypto\/\" target=\"_blank\" rel=\"noopener\"><span>Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025<\/span><\/a><\/strong><\/p>\n<h2>Why the Market Is Bracing for Later, Not Now<\/h2>\n<p><span><\/span><\/p>\n<div class=\"cfg-chart-container\">\n<div class=\"cfg-top-content-holder\">\n<h4 class=\"cfg-chart-title\">\n            Crypto Fear and Greed Chart        <\/h4>\n<div class=\"cfg-time-range-selector\">\n            <span class=\"cfg-alltime\">All time<\/span><br \/>\n            <span>1y<\/span><br \/>\n            <span>1m<\/span><br \/>\n            <span>1w<\/span><br \/>\n            <span>24h<\/span>\n        <\/div>\n<\/div>\n<div class=\"cfg-chart-holder\">\n<div class=\"cfg-chart-body\"><\/div>\n<\/div>\n<\/div>\n<p><\/p>\n<p>Ethereum options activity shows traders rolling exposure into late-2025 and 2026 expiries rather than loading up on shorts for this week. Similar positioning appeared in <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/analysis\/top-crypto-stocks\/\" target=\"_blank\" rel=\"noopener\">mid-2023 and early 2024<\/a> before delayed breakouts materialized.<\/p>\n<p>Macro stress is adding caution. Additionally, weakness in US semiconductor manufacturing and softer AI-linked optimism have pushed traders toward hedges like bear put spreads and bear call spreads after repeated failures at $3,400.<\/p>\n<p>The upshot is this: you are the Christmas miracle, Anon. You\u2019re a beautiful and caring person and you have people who love you. Oh, and this week will be big for the ETH price; expect volatility.<\/p>\n<p><strong>EXPLORE: <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/singapore-denies-do-kwons-14m-refund-demand-for-stolen-penthouse\/\" target=\"_blank\" rel=\"noopener\">Singapore Denies Do Kwon\u2019s $14M Refund Demand For \u2018Stolen\u2019 Penthouse<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<p>        ETH has failed to hold above $3,400 for more than 40 days, a stretch that has steadily drained bullish conviction.    <\/p>\n<p>         If price holds above $2,950, more than 60% of $1.9 billion in puts expire worthless.    <\/p><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/6b-options-expiry-weighs-on-ethereum-price\/\">$6B Options Expiry Weighs on Ethereum Price<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin had a baby! Ethereum was born! And the Ethereum price is finally rebounding, up 3.9% over the last week. Moreover,\u00a0 Ethereum ETH $2,921.57 0.22% Ethereum ETH Price $2,921.57 0.22% \/24h Volume in 24h $10.74B &lt;!&#8211; ? &#8211;&gt; Price 7d Learn more \u00a0year-end fate is about to be decided by derivatives, not headlines. Roughly $6 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-122968","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/122968"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=122968"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/122968\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=122968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=122968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=122968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}