Investing.com — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered with Block Scholes to release its latest crypto derivatives analytics report. The report provides insights into market behavior and open interest trends during the significant year-end options expiration for (BTC) and (ETH).
The report revealed that open interest in BTC and ETH perpetual swaps remained stable during the critical year-end options expiration, despite not returning to the highs seen in early December 2024. This steadiness indicates that traders did not heavily depend on perpetual contracts to hedge the delta of expiring options, contributing to the subdued volatility during this period.
Trading volumes fell during the winter holiday season, coinciding with a drop in realized volatility, which hit its lowest levels of December. Despite the expiration of December’s options, there wasn’t a surge in volatility as expected. Instead, realized volatility…
Read More
