Crypto markets are bracing for a historic year-end event today, December 26, with more than $27 billion in Bitcoin and Ethereum options expiring on Deribit. This represents over half of the derivatives exchange’s total open interest. The colossal “Boxing Day” expiry could mark one of the largest structural resets in crypto history. Bitcoin and Ethereum Brace for Record $27 Billion Options Expiry on Boxing Day Today’s options expiry is significantly higher than those witnessed last week, given it is the last Friday of the month and the year
source: https://beincrypto.com/27b-bitcoin-ethereum-options-expiry/