ChainCatcher news, according to Lin Chen, the Asia-Pacific business head of Deribit, who disclosed on platform X, the largest block option for Ethereum today is: a certain user purchased 5,000 call options for the end of March next year and sold 6,000 call options for the same period, totaling 4,250 ETH on one side, paying a premium of $262,000.This user is bullish on the long-term outlook after the New Year, using a bull call spread strategy to combine long positions, increasing leverage while controlling costs, and will profit if the ETH price is greater than 5,050 at expiration.

ChainCatcher message, The ETF Store President Nate Geraci posted on X: "Here are my top five predictions for cryptocurrency ETFs in 2025 (in order of confidence):Launch of a spot BTC and ETH joint ETF (obvious)Spot ETH ETF options tradingSpot BTC and ETH ETF physical creation/redemptionSpot ETH ETF stakingApproval of a spot SOL ETFIn fact, all of these will happen."

ChainCatcher message, Lin Chen, Head of APAC Business at Deribit, posted on X stating that the largest BTC block options trade today was: a user paid a premium of $984,000 to buy 400 BTC of $96,000 call options expiring on January 10 (next Friday).

ChainCatcher news, according to Jin10, the Chicago Board Options Exchange (CBOE) announced that it will be closed on January 9th along with the New York Stock Exchange and Nasdaq markets.

ChainCatcher news, Lin Chen, Head of Asia-Pacific Business at Deribit, stated in a post on X that the largest BTC block options trade today involved a user paying a premium of 1.634 million, buying a call option for $115,000 expiring at the end of March next year, totaling 250 BTC.The user is bullish, and will profit if the price at delivery exceeds $124,000. The user is confident about the BTC trend next year, expecting the market to reach new highs after Trump officially takes office.

ChainCatcher message, Lin Chen, the Head of APAC Business at Deribit, posted on X that the largest ETH block options trade today was: a user paid $476,000 to purchase 4,500 ETH of call options with a strike price of $3,400, expiring on January 3rd next year (next Friday).The user is bullish; they will profit if the price at delivery is greater than $3,500. The current ETH price is fluctuating around $3,400, the DVOL volatility index is at 75.17, and the greed index is at 74 (greed), with the ETH/BTC exchange rate at 0.035.

ChainCatcher news, Lin Chen, the Head of Asia-Pacific Business at Deribit, stated in a post on X that the largest ETH block options trade today was: a user paid $225,000 to purchase call options with a strike price of $4,000 expiring on January 10 next year, totaling 3,730 ETH.Analysis indicates that the user is bullish; if the price at delivery is >$4,020, it will be profitable. Due to low liquidity last night because of Christmas, market volatility remains high, with the current DVOL volatility index at 73.6 and the ETH/BTC exchange rate at 0.0351.

ChainCatcher message, Greeks.live analyst Adam posted on social media that the differences in option Skew across various maturities have widened. Since the bull market at the end of this year, the Skew across maturities has been very close, fluctuating around 5%, with most differences not exceeding 1%.However, as we recently entered a correction, the differences have begun to widen, with short-term skew decreasing significantly. These data indicate that the market's enthusiasm has clearly diminished, and the optimism among options market participants for January has weakened.

ChainCatcher message, Greeks.live analyst Adam posted on social media that the differences in option Skew across various maturities have widened. Since the bull market at the end of this year, the Skew across maturities has been very close, fluctuating around 5%, with most differences not exceeding 1%. However, as we recently entered a correction, the differences have started to widen, with short-term skew decreasing significantly.These data indicate that the market's enthusiasm has clearly diminished, and the optimism among options market participants for January has weakened.

ChainCatcher message, Deribit data shows that approximately $14.515 billion in BTC options and $3.932 billion in ETH options will expire on Friday (December 27); among them, the maximum pain price for BTC is $84,000, and the maximum pain price for ETH is $3,000.

ChainCatcher news, Greeks.live analyst Adam posted that although the European and American markets have entered the Christmas holiday break, the cryptocurrency market has seen a significant rise driven by Bitcoin. Due to poor market liquidity during the Christmas holiday until the year-end settlement period, the momentum required for price fluctuations is minimal.In terms of options, the short-term implied volatility (IV) has decreased compared to the previous day, and market makers are nearing the end of their rollovers, with IV expected to remain stable until the end of the year. Currently, the maximum pain points for Bitcoin are at $84,000 and for Ethereum at $3,000; these annual maximum pain points may fail as they have in previous years.

ChainCatcher message, Coinglass data shows that the notional value of the total BTC options open interest today is $42.32 billion (yesterday it was $38.88 billion); the notional value of the ETH options open interest is $10.54 billion (yesterday it was $9.1 billion).

ChainCatcher message, Singaporean crypto investment firm QCP Capital stated that after a market washout last week, spot prices have remained in a sideways trend. This Friday will see the expiration of nearly $20 billion in Bitcoin and Ethereum options, accounting for nearly half of Deribit's total open interest.The options expiration may trigger quarter-end volatility sell-offs, especially as spot prices remain stagnant and sellers continue to roll over short positions.If BTC breaks through $100,000, volatility may remain stable; otherwise, altcoins may have a chance to catch up. Currently, BTC's market share is 58%, and attention should be paid to whether funds flow into altcoins to confirm a trend reversal.

ChainCatcher news, the US-listed company La Rosa Holdings (LRHC) will integrate Bitcoin (BTC) and cryptocurrency payment options for a network of over 3,000 real estate agents.The company will allow agents to receive commissions in the form of digital assets. The company offers the platform La Rosa Realty, which helps agents manage their work, from buying and selling properties to communicating with clients.The company stated that the program aims to address the "growing demand for alternative payment methods among agents and clients." The company's CEO Joe La Rosa said in a statement, "This initiative could create a new revenue stream for La Rosa, and the company will charge a 2% fee for agents who choose to receive payments in cryptocurrency."

ChainCatcher message, Coinglass data shows that today the nominal value of the total BTC options open interest is 38.88 billion USD; the nominal value of the ETH options open interest is 9.1 billion USD.

ChainCatcher news, according to Greeks.live analyst Adam, recently BTC retraced after failing to break through $110,000, clearing some leveraged long positions, while the adjustment of altcoins has lasted for nearly a month. Based on past bull market experiences, a significant retracement in Bitcoin could trigger an "altcoin season," but the current intensity of the retracement is still unclear.As Christmas and year-end settlements approach, ETF funds are clearly flowing out, and market makers are continuously adjusting their positions. Recently, the daily trading volume of large call options has accounted for over 30%. After more than 40% of options expire at the end of the year, the large amount of margin released is expected to drive implied volatility down, and the cost-effectiveness of buying options may significantly improve in the coming week.

ChainCatcher news, the on-chain options protocol Derive has raised $500,000 on echo. This round was co-invested by the community, individuals, and venture capital firms under the same terms, with G Gang and Patron groups leading the investment.