deribit

According to Arkham data, at 12:46, 157.24 BTC (worth approximately $11,119,400) was transferred from one anonymous address (starting with bc1qn7a0h9...) to another anonymous address (starting with bc1qtghdkd...). Subsequently, the address transferred 20 BTC to Deribit.

As Bitcoin saw a significant drop on Thursday, the volatility in the options market surged notably, with the Deribit Bitcoin Volatility Index (DVOL) rapidly climbing from around 37 to above 44, marking the largest increase since November 2024.DVOL is regarded as the "VIX" of the crypto market, reflecting the options market's expectations for price volatility over the next 30 days. An upward movement in this indicator suggests that traders are paying higher premiums for downside risk, leading to rising options prices and increased market risk aversion. This spike in volatility occurred amid a resurgence of macroeconomic uncertainty, including rising risks of a U.S. government shutdown and noise surrounding the future leadership of the Federal Reserve. However, in historical terms, Bitcoin's implied volatility has not yet reached extreme levels.

According to Cointelegraph, the cryptocurrency options exchange Deribit pointed out that Bitcoin's recent price has been suppressed around $90,000, mainly due to a large number of open interest concentrated near the current strike price, especially ahead of the massive expiration date on January 30. This means that market risk exposure is primarily constructed through options rather than high-leverage futures, with traders using hedging and structured strategies to manage risk.Deribit analysis indicates that high options trading volume (especially short-term put options) suggests that capital is still in the market, but risk control is stricter, with short-term price behavior being driven more by position structure rather than external news. Bitcoin has been oscillating in the range of $85,000 to $95,000 since mid-November. This Friday will see the expiration of Bitcoin monthly options with a notional value of about $8.4 billion, with a put/call ratio of 0.54, and the maximum pain point located at $90,000, while open interest is most concentrated around the $100,000 strike price.

Tomorrow at 16:00 (UTC+8), the Deribit platform will have over 2.1 billion USD in cryptocurrency options expiring, including: BTC options with a notional value of 1.81 billion USD, a Put Call Ratio of 0.74, and a maximum pain point of 92,000 USD; ETH options with a notional value of 337 million USD, a Put Call Ratio of 0.88, and a maximum pain point of 3,250 USD.

According to The Block, Coinbase's crypto derivatives platform Deribit has launched TRX options for eligible Deribit users in certain jurisdictions.The newly launched options offer two daily expirations, two weekly expirations, one monthly expiration, and one quarterly expiration, further expanding the application of institutional-grade derivatives within the TRON ecosystem.

Deribit Asia Pacific Business Head Lin Chen posted on X that a certain investor made a single payment of $1.14 million in premium to buy 1,200 BTC call options at $98,000 for the end of January, making two consecutive purchases. This means a total bet of over $2 million, optimistic about a short-term surge.

According to on-chain analyst @ai 9684xtpa, a trader has made a significant "straddle" options strategy at the Deribit exchange, investing approximately $2.36 million betting that the price of Bitcoin will experience significant volatility by the end of March.The trader simultaneously purchased 660 BTC call options with a strike price of $120,000 (costing about $860,000) and 660 BTC put options with a strike price of $80,000 (costing about $1.5 million), all set to expire on March 27, 2026. This strategy indicates that the trader expects the BTC price to potentially fluctuate upwards by nearly $28,000 or downwards by $12,000.

According to on-chain analyst @ai_9684xtpa, a trader bought 3,000 call options for BTC with a strike price of $100,000 expiring on January 30, 2026, spending a total of $2.86 million in premiums.If held until expiration, if BTC does not exceed $100,953.67 on that day, there will be a loss, and if it does not exceed $100,000, the entire $2.86 million will be lost.

According to market news, the largest BTC block options trade today involved a user buying 90,000 USD put options expiring at the end of January and selling 90,000 USD put options expiring at the end of February, with 375 BTC on each side. This user is betting that BTC will drop by the end of January and then rise above 90,000 USD in February.Currently, the market's positive sentiment has mostly dissipated, and some users are betting on a decline due to the risk of being removed from the index components at the beginning of January. However, there is also a clear optimism for a market recovery after February.

According to Arkham data, at 10:05, 1999.99 ETH (worth approximately 5.71 million USD) was transferred from Crypto.com to Deribit.

Deribit announced on platform X that over $5 billion worth of Bitcoin and Ethereum options will expire tomorrow at 16:00 (UTC+8).The Bitcoin options open interest shows that after last week's price fell below $100,000, market caution has once again intensified. The maximum pain point remains around $108,000, with a put/call ratio of about 0.83. Hedging activity is active, but there are no signs of panic. Open interest is mainly concentrated in the $100,000 put options and the $120,000 to $125,000 call options, reflecting the current market situation for Bitcoin.The Ethereum options indicate that after the recent price fell below $3,700, the market remains cautious but overall orderly. The maximum pain point is around $3,800, with a put/call ratio of about 0.9, indicating a balanced and slightly defensive position in open interest. Open interest is concentrated in the $3,500 put options and the $4,200 call options, outlining the key battleground range for Ethereum.

Deribit Asia Pacific Business Head Lin posted on platform X, stating that the current market liquidity is still 15%-20% lower compared to before the "October 11 crash." The U.S. stock market is experiencing a volatile earnings season, so most funds have been absorbed. As long as the U.S. stock market remains stable, and once liquidity spreads over, there will still be opportunities by the end of the year, but it is difficult to rally in the short term, and volatility is not low.

ChainCatcher message, Deribit stated on platform X that the platform set a new record with a trading volume exceeding 22.8 billion dollars within 24 hours.

ChainCatcher news, according to Deribit data, over 5.3 billion dollars in cryptocurrency options will expire tomorrow. Among them, the notional value of BTC options reaches 4.3 billion dollars, with a Put/Call ratio of 1.12 and a maximum pain price of 117,000 dollars; the notional value of ETH options is 940 million dollars, with a Put/Call ratio of 0.9 and a maximum pain price of 4,430 dollars.Currently, BTC traders show a clear divergence between the 110,000 dollar put options and the 120,000 dollar call options, while ETH capital flows are more bullish.

ChainCatcher news, the open interest value of options linked to the BlackRock iShares Bitcoin Trust (IBIT), which is listed on Nasdaq, has approached $38 billion, surpassing Deribit's open interest value of $32 billion. This means that IBIT has surpassed Coinbase's Deribit platform, holding the largest Bitcoin options trading volume.Deribit was established in 2016 and has dominated the Bitcoin options market for many years, while IBIT options opened last November and have been listed for less than a year to date.

ChainCatcher news, Deribit announced on platform X that this Friday will witness its largest Q3 options expiration in history, with a notional value of approximately $23 billion.The positions for this expiration are mainly concentrated in Bitcoin put options with strikes between $95,000 and $110,000, as well as open contracts for Ethereum above $4,000.

ChainCatcher news, Lin Chen, the Head of APAC Business at Deribit, responded to community questions on platform X regarding "Are there plans to launch more USDC-based options? In fact, BTC and ETH could also consider launching U-based options." He stated that U-based options for BTC and ETH are already live.

ChainCatcher news, although macroeconomic factors such as China's economic stimulus policies and the potential interest rate cut by the Federal Reserve in September have released positive signals, the altcoin season has not yet arrived. Deribit's Chief Business Officer Jean-David Péquignot stated that loose central bank policies could indeed increase market liquidity and drive speculative funds into risk assets.However, the market currently still lacks sufficient trading volume and broad growth momentum. The recent price increase of Ethereum compared to Bitcoin is seen as a potential signal of market change, but it is not enough to trigger a full-blown altcoin season. Additionally, according to the CoinMarketCap Altcoin Season Index, the current reading is 44, well below the critical level of 75. Bitcoin's market dominance remains at 58%, continuing to hold a central position in the cryptocurrency market.

ChainCatcher news, according to The Block, Deribit announced that it will launch Bitcoin and Ethereum linear options and fixed futures contracts settled in USDC on August 19. The product will have a minimum order size of 0.01 BTC and 0.1 ETH to enhance trading flexibility.Deribit CEO Luuk Strijers stated that USDC settlement can provide higher capital efficiency and fiat equivalence structure for institutional and individual investors. The exchange's trading volume reached $185 billion last month, setting a new record. Coinbase recently completed its acquisition of Deribit for $2.9 billion.