Bitcoin $13B Options Expiry: Bearish Bets to $52K Loaded; $786M Short Liquidation Trigger at $64K

Approximately $13 billion in Bitcoin options expired with bearish positioning dominant, including put options with strikes extending to $52,000. On-chain data identified a break above $64,000 as the trigger point for approximately $786 million in short liquidations on centralized exchanges. The expiry occurred as Bitcoin held in a decision zone between key support and resistance levels.
The $13B Bitcoin options expiry occurred with bears in control; a break above $64K was identified as triggering $786M in short liquidations on centralized exchanges.
Story timeline · 4 days
- Jun 22, 20265Bitcoin $10B Options Expiry Sees 80% OTM Positions; Options Boom Changes Investor Behaviour
Post-expiry analysis identifies 80% of positions as out-of-the-money; options market structural shift discussed.
- Jun 21, 20265· this storyBitcoin $13B Options Expiry: Bearish Bets to $52K Loaded; $786M Short Liquidation Trigger at $64K
The $13B Bitcoin options expiry occurred with bears in control; a break above $64K was identified as triggering $786M in short liquidations on centralized exchanges.
- Jun 20, 20265Bitcoin Options Expiry of $13B Looms; Bearish Bets Loaded to $52K; Short Liquidation at $64K
Specific $13B options expiry date identified for June; $64K short liquidation cascade level quantified; sell pressure weakening data from CryptoQuant also published.
- Jun 19, 20265Bitcoin Bearish Options Bets Loaded Down to $52,000