X @Ignas | DeFi
Ignas | DeFi·2025-12-21 08:38

Wouldn’t be surprised to see BTC pump to $96k within 5 days.Dec 26 is the largest BTC options expiry: $93.8B on Deribit alone.And most open interest are around ~$96k.At that level, the most options expire worthless.Option sellers, mainly market makers and large desks, benefit there.As expiry approaches, their hedging and positioning can pull price toward that level.Pls do some crime here 🤞 ...