ChainCatcher message, according to Whale Alert monitoring, around 21:36 Beijing time today, 30,000 ETH was transferred from a certain address to Deribit, worth $101,790,044.

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, according to Jinshi reports, despite MicroStrategy's plan to issue stock to enable it to purchase more Bitcoin, Bitcoin still declined today, dropping about 3% to $95,420 during the session.Some traders warn that the market may become volatile in the coming day due to a large number of expiring open positions in Bitcoin and Ethereum derivatives. On Friday, a record $43 billion in open contracts will expire on the derivatives exchange Deribit, including $13.95 billion in Bitcoin options and $3.77 billion in Ethereum options.

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, 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, according to The Block, Deribit CEO Luuk Strijers expressed doubts about the sustainability of many crypto trading platforms due to regulatory pressure.He said, "I think many platforms will no longer exist, so more specifically, I believe the regulatory framework will strengthen globally and make many of the currently large list of platforms unviable, either because the operational costs are too high or because regulators will directly shut them down."Strijers predicts that as the industry matures, only a few platforms will be able to thrive. He stated, "If you want to serve institutional clients globally, but perhaps more importantly, retail clients, the regulatory framework is already very strict and will only become stricter, so ultimately, the trading volume will not be sufficient to sustain them all, so I think there will be a massive shift, focusing on top clients."

ChainCatcher news, according to Deribit data, options for Bitcoin and Ethereum with a notional value of approximately 2.7 billion USD will expire tomorrow (December 20).Among them, the notional value of Bitcoin options reaches 2.07 billion USD, with a put/call ratio of 0.91 and a maximum pain price at 102,000 USD. The notional value of Ethereum options is 635.9 million USD, with a put/call ratio of 0.49 and a maximum pain price at 3,750 USD.

ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on X that today's largest BTC block options trade involved a user selling 95,000 year-end call options and buying 105,000 call options, totaling 1,000 BTC, with a premium income of 3.418 million USD.

ChainCatcher message, according to Coindesk, Deribit data shows that the call options for XRP with a target price of $5 are surging in terms of trading volume and open interest. The $5 call option is the second most traded XRP option in the past 24 hours, with a contract trading volume of 1.7 million. (One contract represents 1 XRP).In addition, Deribit data shows that the $5 call option is the most popular out-of-the-money or higher strike call option, with a nominal open interest of $1.25 million.

ChainCatcher news, according to Deribit data, 21,000 Bitcoin options and 164,000 Ethereum options are about to expire, with a notional value of 2.1 billion dollars and 640 million dollars, respectively. The Put Call Ratio for Bitcoin options is 0.83, with a maximum pain point of 98,000 dollars. The Put Call Ratio for Ethereum options is 0.68, with a maximum pain point of 3,700 dollars.

ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on X that the largest ETH block options trade today was: a certain user paid $668,000 to purchase put and call options for 3,000 ETH at the end of the year with a strike price of $3,800.

ChainCatcher news, QCP Capital's latest analysis points out that $4000 and $100,000 are key price levels for ETH and BTC, respectively. From the options market perspective, the contracts expiring on December 27 have the largest open interest, with 90,000 contracts at the $4000 strike price for ETH and 16,000 contracts at the $100,000 strike price for BTC.Specific data shows that traders are taking profits on their $100,000 call options for BTC expiring on December 27 and may shift to options with a $130,000-$150,000 strike price expiring in March. Additionally, the funding rate for Deribit perpetual contracts remains stable, while the funding rates on major exchanges are slightly above normal, but the likelihood of a significant price increase remains low.From historical data, ETH typically reaches a new all-time high in January of the year following Bitcoin's halving. The ETH risk reversal indicator shows that bullish preferences are significantly strengthening starting in January next year. Although QCP maintains a structurally bullish view, it is expected that spot prices may remain in a range-bound oscillation during the remaining holiday season.

ChainCatcher news, Lin Chen, Head of Asia Pacific Business at Deribit, posted on X that the largest BTC block options today are: a certain user purchased a call option for $101,000 on December 20, while selling a call option for $106,000 for the same period, totaling 200 BTC, paying a premium of $363,000.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on X that recently the largest options block trade for BTC: a certain user sold 770 BTC worth of call options with a strike price of $200,000 expiring in June next year, generating a premium income of up to $2.661 million.

ChainCatcher news, Lin Chen, Head of APAC Business at Deribit, posted on X that the largest BTC block options trade today was: a user sold 95,000 call options expiring at the end of the year, totaling 150 BTC, with a revenue of 1.037 million USD. Profit is realized if the delivery price is less than 102,000, with a coin-based yield of 7.05% (annualized approximately 83%).

ChainCatcher message, Deribit Asia Pacific Business Head Lin Chen posted on X that the largest ETH block options trade today was: a user purchased 1,000 ETH call options for December 20 at a strike price of 3650, paying a premium of approximately $225,000. This indicates that the user is quite optimistic about ETH experiencing an upward breakout in early December. Currently, ETH is oscillating around 3550, and a profit will be realized if the price is above 3900 at expiration.

ChainCatcher news, according to Deribit data, a notional value of 9.4 billion USD BTC options will expire tomorrow, with a Put/Call Ratio of 0.83 and a maximum pain point of 80,000 USD.In addition, a notional value of 1.45 billion USD ETH options will expire tomorrow, with a Put/Call Ratio of 0.73 and a maximum pain point of 2900 USD.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, posted on X that the largest Bitcoin (BTC) block options trade today was: a user paid $11.649 million to purchase call options with a strike price of $82,000 expiring at the end of November (this Friday), totaling 700 BTC. This trade is a spot bullish position, using 6.7 times leverage, and will be profitable if the price exceeds $99,000 at delivery.

ChainCatcher news, Lin Chen, the Head of Asia Pacific Business at Deribit, posted on X that in the options market, the probability of betting that the ETH price will exceed $4000 by the end of the year is 29.1%.