$BTC The largest and most epic options expiration in Bitcoin history (approximately $23.7 billion - $28 billion) will be settled according to the following schedule:
Settlement Time (UTC): December 26, 2025, 08:00 AM
Beijing Time (CST): December 26, 2025, 4:00 PM (4 PM)
Note: Due to the Western Christmas holiday on that day, overall market trading volume is low (liquidity is thin), which may lead to more intense and “strange” volatility before and after the 4:00 PM settlement.
Now, let's look at similar historical situations (Bitcoin's large-scale options expiration market review):
1. December